Call reports 2008
BANK OF BURLINGTON — 2008
What BANK OF BURLINGTON 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 | 44,125,000 | 45,607,000 | 52,451,000 | 52,418,000 |
| Total loans | 6,439,000 | 7,730,000 | 7,862,000 | 7,777,000 |
| Allowance for loan losses | 138,000 | 138,000 | 138,000 | 138,000 |
| Securities available for sale | 31,024,000 | 29,370,000 | 35,020,000 | 35,241,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,538,000 | 41,537,000 | 48,201,000 | 47,360,000 |
| Interest-bearing deposits | 30,419,000 | 32,177,000 | 38,029,000 | 36,670,000 |
| Noninterest-bearing deposits | 9,119,000 | 9,360,000 | 10,172,000 | 10,690,000 |
| Equity capital | 4,483,000 | 3,970,000 | 4,173,000 | 4,984,000 |
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 | 531,000 | 1,059,000 | 1,632,000 | 2,212,000 |
| Interest expense | 185,000 | 346,000 | 526,000 | 702,000 |
| Net interest income | 346,000 | 713,000 | 1,106,000 | 1,510,000 |
| Noninterest income | 50,000 | 101,000 | 132,000 | 166,000 |
| Noninterest expense | 249,000 | 492,000 | 746,000 | 1,003,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 147,000 | 322,000 | 492,000 | 673,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 147,000 | 322,000 | 492,000 | 673,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,324,000 | 3,397,000 | 3,567,000 | 3,646,000 |
| Total capital | 3,462,000 | 3,535,000 | 3,705,000 | 3,784,000 |
| Risk-weighted assets | 13,608,000 | 15,093,000 | 16,605,000 | 16,351,000 |