Call reports 2010
PATRIOTS BANK — 2010
What PATRIOTS BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 103,300,000 | 104,857,000 | 101,801,000 | 100,817,000 |
| Total loans | 79,209,000 | 72,765,000 | 70,077,000 | 65,293,000 |
| Allowance for loan losses | 1,701,000 | 1,120,000 | 1,146,000 | 826,000 |
| Securities available for sale | 4,586,000 | 4,564,000 | 3,334,000 | 3,733,000 |
| Securities held to maturity | 304,000 | 304,000 | 304,000 | 304,000 |
| Trading assets | 1,530,000 | 1,512,000 | 503,000 | 0 |
| Total deposits | 80,219,000 | 83,578,000 | 83,452,000 | 83,280,000 |
| Interest-bearing deposits | 63,402,000 | 65,467,000 | 65,196,000 | 63,700,000 |
| Noninterest-bearing deposits | 16,817,000 | 18,111,000 | 18,256,000 | 19,580,000 |
| Equity capital | 19,572,000 | 17,780,000 | 17,811,000 | 17,122,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,079,000 | 2,197,000 | 3,262,000 | 4,250,000 |
| Interest expense | 228,000 | 440,000 | 646,000 | 833,000 |
| Net interest income | 851,000 | 1,757,000 | 2,616,000 | 3,417,000 |
| Noninterest income | 146,000 | 176,000 | 338,000 | 249,000 |
| Noninterest expense | 932,000 | 2,049,000 | 3,031,000 | 4,063,000 |
| Provision for loan losses | 300,000 | 1,920,000 | 1,920,000 | 2,402,000 |
| Pretax income | -235,000 | -2,036,000 | -1,997,000 | -2,799,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -235,000 | -2,036,000 | -1,997,000 | -2,799,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,916,000 | 9,151,000 | 9,219,000 | 8,638,000 |
| Total capital | 11,906,000 | 10,061,000 | 10,095,000 | 9,464,000 |
| Risk-weighted assets | 84,064,000 | 82,572,000 | 78,969,000 | 75,701,000 |