Call reports 2008
KITSAP BANK — 2008
What KITSAP 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 | 795,895,000 | 810,358,000 | 814,955,000 | 815,194,000 |
| Total loans | 668,104,000 | 676,462,000 | 658,191,000 | 657,380,000 |
| Allowance for loan losses | 6,697,000 | 6,875,000 | 6,874,000 | 6,716,000 |
| Securities available for sale | 47,401,000 | 54,889,000 | 61,870,000 | 87,058,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 626,040,000 | 626,828,000 | 638,657,000 | 633,246,000 |
| Interest-bearing deposits | 509,987,000 | 508,704,000 | 527,002,000 | 524,899,000 |
| Noninterest-bearing deposits | 116,053,000 | 118,124,000 | 111,655,000 | 108,347,000 |
| Equity capital | 79,481,000 | 79,996,000 | 80,814,000 | 82,824,000 |
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 | 12,288,000 | 24,121,000 | 36,068,000 | 47,576,000 |
| Interest expense | 4,578,000 | 8,766,000 | 12,731,000 | 16,477,000 |
| Net interest income | 7,710,000 | 15,355,000 | 23,337,000 | 31,099,000 |
| Noninterest income | 1,315,000 | 2,661,000 | 3,938,000 | 4,839,000 |
| Noninterest expense | 6,543,000 | 13,143,000 | 19,932,000 | 26,032,000 |
| Provision for loan losses | 225,000 | 450,000 | 775,000 | 1,650,000 |
| Pretax income | 2,390,000 | 4,556,000 | 6,701,000 | 8,508,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,390,000 | 4,556,000 | 6,701,000 | 8,508,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 66,052,000 | 67,279,000 | 68,547,000 | 69,264,000 |
| Total capital | 72,749,000 | 74,154,000 | 75,421,000 | 75,980,000 |
| Risk-weighted assets | 693,936,000 | 702,554,000 | 691,497,000 | 690,240,000 |