Call reports 2008
AVIDBANK — 2008
What AVIDBANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 212,852,000 | 228,100,000 | 229,367,000 | 271,507,000 |
| Total loans | 150,491,000 | 164,793,000 | 187,206,000 | 201,886,000 |
| Allowance for loan losses | 1,640,000 | 2,011,000 | 2,218,000 | 3,749,000 |
| Securities available for sale | 7,135,000 | 7,063,000 | 4,514,000 | 8,138,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 195,959,000 | 204,049,000 | 204,913,000 | 247,998,000 |
| Interest-bearing deposits | 165,139,000 | 165,566,000 | 159,887,000 | 191,793,000 |
| Noninterest-bearing deposits | 30,820,000 | 38,483,000 | 45,026,000 | 56,205,000 |
| Equity capital | 16,011,000 | 23,390,000 | 23,688,000 | 22,634,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 3,145,000 | 6,087,000 | 9,361,000 | 12,812,000 |
| Interest expense | 1,265,000 | 2,423,000 | 3,513,000 | 4,687,000 |
| Net interest income | 1,880,000 | 3,664,000 | 5,848,000 | 8,125,000 |
| Noninterest income | 63,000 | 124,000 | 175,000 | 244,000 |
| Noninterest expense | 1,533,000 | 3,008,000 | 4,917,000 | 6,854,000 |
| Provision for loan losses | 103,000 | 1,476,000 | 1,683,000 | 3,212,000 |
| Pretax income | 307,000 | -696,000 | -577,000 | -1,697,000 |
| Income tax | 0 | 5,000 | 5,000 | 105,000 |
| Net income | 307,000 | -701,000 | -582,000 | -1,802,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,930,000 | 23,352,000 | 23,680,000 | 22,551,000 |
| Total capital | 17,800,000 | 25,618,000 | 26,174,000 | 25,339,000 |
| Risk-weighted assets | 176,625,000 | 194,369,000 | 211,326,000 | 221,109,000 |