Call reports 2008
SAGE BANK — 2008
What SAGE 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 | 109,972,000 | 97,379,000 | 87,536,000 | 87,836,000 |
| Total loans | 65,854,000 | 63,048,000 | 60,338,000 | 60,971,000 |
| Allowance for loan losses | 1,601,000 | 929,000 | 965,000 | 2,660,000 |
| Securities available for sale | 19,130,000 | 16,865,000 | 8,913,000 | 7,768,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 93,995,000 | 83,238,000 | 74,762,000 | 77,849,000 |
| Interest-bearing deposits | 90,628,000 | 79,066,000 | 71,697,000 | 74,809,000 |
| Noninterest-bearing deposits | 3,367,000 | 4,172,000 | 3,065,000 | 3,040,000 |
| Equity capital | 6,538,000 | 6,048,000 | 4,820,000 | 3,294,000 |
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 | 1,398,000 | 2,687,000 | 3,840,000 | 4,861,000 |
| Interest expense | 984,000 | 1,828,000 | 2,486,000 | 3,134,000 |
| Net interest income | 414,000 | 859,000 | 1,354,000 | 1,727,000 |
| Noninterest income | 8,000 | 69,000 | 49,000 | 58,000 |
| Noninterest expense | 1,072,000 | 2,050,000 | 3,111,000 | 4,219,000 |
| Provision for loan losses | 797,000 | 855,000 | 919,000 | 2,615,000 |
| Pretax income | -1,380,000 | -1,910,000 | -3,286,000 | -5,713,000 |
| Income tax | -525,000 | -711,000 | -953,000 | -1,856,000 |
| Net income | -855,000 | -1,199,000 | -2,333,000 | -3,857,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,389,000 | 5,025,000 | 3,458,000 | 755,000 |
| Total capital | 6,307,000 | 5,873,000 | 4,234,000 | 1,510,000 |
| Risk-weighted assets | 72,750,000 | 67,797,000 | 61,875,000 | 60,428,000 |
Machine access — free, no API key
Every figure shown here about SAGE 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 since 27 September get_timeseries for a metric over time with its gap years made explicit and compare_entities for several entities on one shared period) 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.