Call reports 2008
SUNRISE BANK — 2008
What SUNRISE 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 | 57,438,000 | 58,128,000 | 58,679,000 | 58,945,000 |
| Total loans | 49,213,000 | 49,661,000 | 50,903,000 | 51,839,000 |
| Allowance for loan losses | 731,000 | 734,000 | 761,000 | 835,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,758,000 | 40,460,000 | 43,140,000 | 42,187,000 |
| Interest-bearing deposits | 41,118,000 | 38,219,000 | 41,262,000 | 40,746,000 |
| Noninterest-bearing deposits | 2,640,000 | 2,241,000 | 1,878,000 | 1,441,000 |
| Equity capital | 4,744,000 | 4,803,000 | 5,300,000 | 5,216,000 |
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 | 859,000 | 1,610,000 | 2,354,000 | 3,118,000 |
| Interest expense | 512,000 | 1,003,000 | 1,474,000 | 1,916,000 |
| Net interest income | 347,000 | 607,000 | 880,000 | 1,202,000 |
| Noninterest income | 13,000 | 30,000 | 59,000 | 39,000 |
| Noninterest expense | 266,000 | 496,000 | 791,000 | 1,151,000 |
| Provision for loan losses | 112,000 | 205,000 | 232,000 | 306,000 |
| Pretax income | -18,000 | -64,000 | -84,000 | -216,000 |
| Income tax | -7,000 | -22,000 | -29,000 | -77,000 |
| Net income | -11,000 | -42,000 | -55,000 | -139,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,996,000 | 4,040,000 | 4,530,000 | 4,398,000 |
| Total capital | 4,544,000 | 4,599,000 | 5,076,000 | 4,940,000 |
| Risk-weighted assets | 43,644,000 | 44,515,000 | 43,447,000 | 43,106,000 |