Call reports 2008
FLORIDIAN COMMUNITY BANK, INC. — 2008
What FLORIDIAN COMMUNITY BANK, INC. 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 | 80,997,000 | 91,611,000 | 102,261,000 | 117,499,000 |
| Total loans | 64,847,000 | 70,617,000 | 77,990,000 | 91,673,000 |
| Allowance for loan losses | 601,000 | 800,000 | 907,000 | 1,066,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 2,500,000 | 2,500,000 | 3,046,000 | 1,725,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,172,000 | 62,775,000 | 72,509,000 | 89,175,000 |
| Interest-bearing deposits | 41,889,000 | 55,276,000 | 63,445,000 | 75,760,000 |
| Noninterest-bearing deposits | 10,283,000 | 7,500,000 | 9,064,000 | 13,416,000 |
| Equity capital | 13,087,000 | 13,072,000 | 13,049,000 | 12,909,000 |
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 | 1,411,000 | 2,690,000 | 4,133,000 | 5,688,000 |
| Interest expense | 610,000 | 1,157,000 | 1,801,000 | 2,521,000 |
| Net interest income | 801,000 | 1,533,000 | 2,332,000 | 3,167,000 |
| Noninterest income | 26,000 | 56,000 | 83,000 | 120,000 |
| Noninterest expense | 772,000 | 1,592,000 | 2,483,000 | 3,415,000 |
| Provision for loan losses | 40,000 | 289,000 | 400,000 | 559,000 |
| Pretax income | 15,000 | -292,000 | -468,000 | -687,000 |
| Income tax | 7,000 | -106,000 | -171,000 | -251,000 |
| Net income | 8,000 | -186,000 | -297,000 | -436,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,957,000 | 12,828,000 | 12,741,000 | 12,621,000 |
| Total capital | 13,558,000 | 13,628,000 | 13,648,000 | 13,687,000 |
| Risk-weighted assets | 72,778,000 | 78,592,000 | 83,712,000 | 94,985,000 |