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Call reports 2008

COMMUNITY SHORES BANK — 2008

What COMMUNITY SHORES BANK reported to the FFIEC in 2008, quarter by quarter.

PERIOD: 2008SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/43bb20cb-beb6-47e3-ab90-9946c1497916/2008

Balance sheet

What the bank holds and owes at quarter end

Measure2008Q12008Q22008Q32008Q4
Total assets278,360,000265,278,000256,900,000255,642,000
Total loans224,796,000219,615,000219,181,000207,508,000
Allowance for loan losses3,525,0003,397,0003,285,0004,351,000
Securities available for sale13,399,00012,624,00012,345,00018,770,000
Securities held to maturity6,623,0006,618,0006,614,0006,610,000
Trading assets0000
Total deposits243,291,000230,956,000221,963,000220,140,000
Interest-bearing deposits225,592,000212,844,000203,365,000200,972,000
Noninterest-bearing deposits17,699,00018,112,00018,598,00019,168,000
Equity capital23,685,00023,615,00023,805,00023,203,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2008Q12008Q22008Q32008Q4
Interest income4,445,0008,395,00012,273,00015,969,000
Interest expense2,464,0004,628,0006,650,0008,630,000
Net interest income1,981,0003,767,0005,623,0007,339,000
Noninterest income641,0001,243,0001,679,0002,116,000
Noninterest expense2,139,0004,197,0006,196,0008,362,000
Provision for loan losses231,000384,000479,0001,944,000
Pretax income252,000429,000627,000-851,000
Income tax71,000116,000167,000-349,000
Net income181,000313,000460,000-502,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2008Q12008Q22008Q32008Q4
Tier 1 capital22,814,00022,454,00022,601,00021,638,000
Total capital25,847,00025,389,00025,502,00024,445,000
Risk-weighted assets242,188,000234,299,000231,720,000223,010,000

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