Call reports 2008
BANK OF LEXINGTON, INC. — 2008
What BANK OF LEXINGTON, INC. 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 | 92,370,000 | 97,972,000 | 102,393,000 | 107,773,000 |
| Total loans | 67,664,000 | 73,128,000 | 80,910,000 | 84,126,000 |
| Allowance for loan losses | 832,000 | 900,000 | 997,000 | 1,033,000 |
| Securities available for sale | 16,352,000 | 18,994,000 | 16,912,000 | 12,302,000 |
| Securities held to maturity | 0 | 0 | 0 | 2,030,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,217,000 | 79,827,000 | 83,980,000 | 85,909,000 |
| Interest-bearing deposits | 68,793,000 | 73,337,000 | 77,188,000 | 78,919,000 |
| Noninterest-bearing deposits | 6,424,000 | 6,490,000 | 6,792,000 | 6,990,000 |
| Equity capital | 12,910,000 | 12,556,000 | 12,572,000 | 13,849,000 |
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 | 1,509,000 | 3,001,000 | 4,574,000 | 6,167,000 |
| Interest expense | 830,000 | 1,604,000 | 2,337,000 | 3,064,000 |
| Net interest income | 679,000 | 1,397,000 | 2,237,000 | 3,103,000 |
| Noninterest income | 23,000 | 60,000 | 86,000 | 135,000 |
| Noninterest expense | 755,000 | 1,508,000 | 2,313,000 | 3,108,000 |
| Provision for loan losses | 57,000 | 125,000 | 222,000 | 299,000 |
| Pretax income | -110,000 | -176,000 | -156,000 | -110,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -110,000 | -176,000 | -156,000 | -110,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,588,000 | 12,586,000 | 12,651,000 | 13,578,000 |
| Total capital | 13,388,000 | 13,458,000 | 13,575,000 | 14,522,000 |
| Risk-weighted assets | 63,980,000 | 69,699,000 | 73,808,000 | 75,456,000 |