Call reports 2008
CHOICE BANK — 2008
What CHOICE BANK 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 | 86,699,000 | 92,259,000 | 105,212,000 | 119,142,000 |
| Total loans | 76,029,000 | 81,862,000 | 95,238,000 | 106,674,000 |
| Allowance for loan losses | 950,000 | 1,016,000 | 1,122,000 | 1,318,000 |
| Securities available for sale | 5,981,000 | 5,612,000 | 5,738,000 | 5,774,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,786,000 | 72,710,000 | 81,354,000 | 98,311,000 |
| Interest-bearing deposits | 59,654,000 | 68,831,000 | 77,312,000 | 92,881,000 |
| Noninterest-bearing deposits | 3,132,000 | 3,879,000 | 4,042,000 | 5,430,000 |
| Equity capital | 19,082,000 | 18,819,000 | 19,944,000 | 20,106,000 |
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 | 1,161,000 | 2,460,000 | 3,848,000 | 5,457,000 |
| Interest expense | 612,000 | 1,312,000 | 2,022,000 | 2,788,000 |
| Net interest income | 549,000 | 1,148,000 | 1,826,000 | 2,669,000 |
| Noninterest income | 95,000 | 160,000 | 226,000 | 276,000 |
| Noninterest expense | 659,000 | 1,346,000 | 2,031,000 | 2,571,000 |
| Provision for loan losses | 131,000 | 201,000 | 306,000 | 501,000 |
| Pretax income | -146,000 | -239,000 | -285,000 | -127,000 |
| Income tax | 0 | 0 | -1,016,000 | -948,000 |
| Net income | -146,000 | -239,000 | 731,000 | 821,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,928,000 | 18,855,000 | 19,845,000 | 19,429,000 |
| Total capital | 19,826,000 | 19,828,000 | 20,941,000 | 20,603,000 |
| Risk-weighted assets | 71,768,000 | 77,791,000 | 87,679,000 | 93,766,000 |
Machine access — free, no API key
Every figure shown here about CHOICE BANK — 2008 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.