Call reports 2008
PEOPLES EXCHANGE BANK — 2008
What PEOPLES EXCHANGE 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 | 62,038,000 | 60,300,000 | 61,510,000 | 64,247,000 |
| Total loans | 34,595,000 | 33,951,000 | 34,613,000 | 38,230,000 |
| Allowance for loan losses | 506,000 | 506,000 | 506,000 | 504,000 |
| Securities available for sale | 14,692,000 | 12,913,000 | 12,992,000 | 12,771,000 |
| Securities held to maturity | 4,925,000 | 4,923,000 | 4,888,000 | 4,886,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,138,000 | 39,909,000 | 41,799,000 | 45,058,000 |
| Interest-bearing deposits | 33,401,000 | 31,728,000 | 33,147,000 | 36,927,000 |
| Noninterest-bearing deposits | 7,737,000 | 8,181,000 | 8,652,000 | 8,131,000 |
| Equity capital | 8,519,000 | 8,350,000 | 8,502,000 | 8,838,000 |
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 | 907,000 | 1,772,000 | 2,628,000 | 3,494,000 |
| Interest expense | 354,000 | 646,000 | 918,000 | 1,169,000 |
| Net interest income | 553,000 | 1,126,000 | 1,710,000 | 2,325,000 |
| Noninterest income | 140,000 | 293,000 | 428,000 | 518,000 |
| Noninterest expense | 504,000 | 1,029,000 | 1,551,000 | 2,059,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 189,000 | 390,000 | 587,000 | 784,000 |
| Income tax | 72,000 | 148,000 | 224,000 | 300,000 |
| Net income | 117,000 | 242,000 | 363,000 | 484,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,949,000 | 5,097,000 | 5,243,000 | 5,383,000 |
| Total capital | 5,455,000 | 5,603,000 | 5,749,000 | 5,887,000 |
| Risk-weighted assets | 43,002,000 | 42,031,000 | 43,260,000 | 46,068,000 |