Call reports 2008
PRIMEBANK — 2008
What PRIMEBANK 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 | 331,111,000 | 328,809,000 | 344,244,000 | 357,696,000 |
| Total loans | 272,177,000 | 281,749,000 | 290,719,000 | 294,867,000 |
| Allowance for loan losses | 1,986,000 | 2,119,000 | 2,124,000 | 2,907,000 |
| Securities available for sale | 32,228,000 | 29,668,000 | 29,494,000 | 28,005,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 262,693,000 | 268,174,000 | 280,080,000 | 294,376,000 |
| Interest-bearing deposits | 243,930,000 | 247,007,000 | 261,651,000 | 269,529,000 |
| Noninterest-bearing deposits | 18,763,000 | 21,167,000 | 18,429,000 | 24,847,000 |
| Equity capital | 26,792,000 | 26,872,000 | 28,289,000 | 29,299,000 |
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 | 5,252,000 | 10,251,000 | 15,374,000 | 20,622,000 |
| Interest expense | 2,745,000 | 5,211,000 | 7,672,000 | 10,233,000 |
| Net interest income | 2,507,000 | 5,040,000 | 7,702,000 | 10,389,000 |
| Noninterest income | 437,000 | 792,000 | 1,266,000 | 1,727,000 |
| Noninterest expense | 1,339,000 | 2,711,000 | 4,069,000 | 5,493,000 |
| Provision for loan losses | 150,000 | 350,000 | 650,000 | 1,750,000 |
| Pretax income | 1,455,000 | 2,771,000 | 4,249,000 | 4,873,000 |
| Income tax | 73,000 | 138,000 | 210,000 | 243,000 |
| Net income | 1,382,000 | 2,633,000 | 4,039,000 | 4,630,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,367,000 | 25,946,000 | 27,352,000 | 27,943,000 |
| Total capital | 27,353,000 | 28,065,000 | 29,476,000 | 30,850,000 |
| Risk-weighted assets | 257,824,000 | 263,779,000 | 274,977,000 | 281,449,000 |