Call reports 2008
AMERICAN MARINE BANK — 2008
What AMERICAN MARINE 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 | 418,395,000 | 412,862,000 | 407,995,000 | 405,507,000 |
| Total loans | 324,586,000 | 319,623,000 | 310,726,000 | 302,070,000 |
| Allowance for loan losses | 4,480,000 | 4,037,000 | 4,155,000 | 4,120,000 |
| Securities available for sale | 61,945,000 | 52,261,000 | 49,974,000 | 51,453,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 314,520,000 | 322,623,000 | 321,234,000 | 320,625,000 |
| Interest-bearing deposits | 305,888,000 | 312,374,000 | 311,107,000 | 308,458,000 |
| Noninterest-bearing deposits | 8,632,000 | 10,249,000 | 10,127,000 | 12,167,000 |
| Equity capital | 34,376,000 | 33,825,000 | 33,087,000 | 33,465,000 |
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 | 6,628,000 | 12,832,000 | 18,791,000 | 24,300,000 |
| Interest expense | 2,623,000 | 4,954,000 | 7,124,000 | 9,217,000 |
| Net interest income | 4,005,000 | 7,878,000 | 11,667,000 | 15,083,000 |
| Noninterest income | 879,000 | 1,873,000 | 2,846,000 | 2,272,000 |
| Noninterest expense | 3,931,000 | 7,534,000 | 11,276,000 | 14,757,000 |
| Provision for loan losses | 400,000 | 1,036,000 | 1,839,000 | 2,239,000 |
| Pretax income | 564,000 | 1,267,000 | 1,564,000 | 586,000 |
| Income tax | 86,000 | 194,000 | 235,000 | -365,000 |
| Net income | 478,000 | 1,073,000 | 1,329,000 | 951,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,945,000 | 34,172,000 | 33,953,000 | 33,227,000 |
| Total capital | 38,160,000 | 38,354,000 | 38,048,000 | 37,166,000 |
| Risk-weighted assets | 336,635,000 | 334,463,000 | 327,326,000 | 314,639,000 |