Call reports 2008
VININGS BANK — 2008
What VININGS BANK 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 | 54,245,000 | 80,384,000 | 96,708,000 | 113,702,000 |
| Total loans | 39,645,000 | 59,310,000 | 71,091,000 | 85,300,000 |
| Allowance for loan losses | 397,000 | 595,000 | 713,000 | 891,000 |
| Securities available for sale | 11,663,000 | 16,076,000 | 18,971,000 | 22,828,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,881,000 | 45,850,000 | 65,815,000 | 78,046,000 |
| Interest-bearing deposits | 22,810,000 | 43,063,000 | 60,858,000 | 70,367,000 |
| Noninterest-bearing deposits | 4,071,000 | 2,787,000 | 4,957,000 | 7,679,000 |
| Equity capital | 18,649,000 | 18,102,000 | 18,226,000 | 18,653,000 |
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 | 699,000 | 1,681,000 | 2,993,000 | 4,513,000 |
| Interest expense | 230,000 | 627,000 | 1,203,000 | 1,935,000 |
| Net interest income | 469,000 | 1,054,000 | 1,790,000 | 2,578,000 |
| Noninterest income | 2,000 | 7,000 | 14,000 | 23,000 |
| Noninterest expense | 761,000 | 1,592,000 | 2,413,000 | 3,248,000 |
| Provision for loan losses | 130,000 | 328,000 | 461,000 | 639,000 |
| Pretax income | -420,000 | -859,000 | -1,052,000 | -1,211,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -420,000 | -859,000 | -1,052,000 | -1,211,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,505,000 | 18,245,000 | 18,232,000 | 18,214,000 |
| Total capital | 18,902,000 | 18,840,000 | 18,944,000 | 19,105,000 |
| Risk-weighted assets | 46,161,000 | 69,007,000 | 82,822,000 | 96,049,000 |