Call reports 2008
AMERICAN PLUS BANK, NATIONAL ASSOCIATION — 2008
What AMERICAN PLUS BANK, NATIONAL ASSOCIATION 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 | 40,257,000 | 54,074,000 | 71,437,000 | 75,721,000 |
| Total loans | 28,724,000 | 42,344,000 | 53,391,000 | 62,340,000 |
| Allowance for loan losses | 350,000 | 520,000 | 680,000 | 850,000 |
| Securities available for sale | 1,015,000 | 1,006,000 | 3,009,000 | 3,125,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,681,000 | 33,793,000 | 48,361,000 | 51,747,000 |
| Interest-bearing deposits | 18,859,000 | 32,840,000 | 46,068,000 | 49,921,000 |
| Noninterest-bearing deposits | 822,000 | 953,000 | 2,293,000 | 1,826,000 |
| Equity capital | 20,492,000 | 20,160,000 | 19,895,000 | 19,742,000 |
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 | 545,000 | 1,184,000 | 1,980,000 | 3,003,000 |
| Interest expense | 192,000 | 446,000 | 745,000 | 1,185,000 |
| Net interest income | 353,000 | 738,000 | 1,235,000 | 1,818,000 |
| Noninterest income | 4,000 | 9,000 | 15,000 | 21,000 |
| Noninterest expense | 610,000 | 1,265,000 | 1,988,000 | 2,688,000 |
| Provision for loan losses | 100,000 | 270,000 | 430,000 | 600,000 |
| Pretax income | -353,000 | -788,000 | -1,168,000 | -1,449,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | -354,000 | -789,000 | -1,169,000 | -1,450,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,477,000 | 20,154,000 | 19,885,000 | 19,716,000 |
| Total capital | 20,827,000 | 20,674,000 | 20,565,000 | 20,556,000 |
| Risk-weighted assets | 30,417,000 | 44,270,000 | 59,988,000 | 67,198,000 |