Call reports 2008
FOUNDATION BANK — 2008
What FOUNDATION 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 | 335,107,000 | 379,377,000 | 406,518,000 | 441,817,000 |
| Total loans | 290,201,000 | 326,152,000 | 349,530,000 | 387,203,000 |
| Allowance for loan losses | 3,920,000 | 4,435,000 | 4,777,000 | 7,421,000 |
| Securities available for sale | 35,433,000 | 31,065,000 | 37,595,000 | 35,269,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 269,666,000 | 327,431,000 | 351,644,000 | 389,304,000 |
| Interest-bearing deposits | 236,293,000 | 291,051,000 | 314,115,000 | 352,509,000 |
| Noninterest-bearing deposits | 33,373,000 | 36,380,000 | 37,529,000 | 36,795,000 |
| Equity capital | 30,518,000 | 33,198,000 | 35,273,000 | 35,699,000 |
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 | 5,662,000 | 11,229,000 | 17,183,000 | 23,129,000 |
| Interest expense | 1,963,000 | 3,819,000 | 5,947,000 | 8,096,000 |
| Net interest income | 3,699,000 | 7,410,000 | 11,236,000 | 15,033,000 |
| Noninterest income | 154,000 | 322,000 | 491,000 | 673,000 |
| Noninterest expense | 2,274,000 | 4,580,000 | 6,946,000 | 8,771,000 |
| Provision for loan losses | 130,000 | 645,000 | 1,920,000 | 5,328,000 |
| Pretax income | 1,449,000 | 2,507,000 | 2,861,000 | 1,607,000 |
| Income tax | 502,000 | 872,000 | 1,000,000 | 558,000 |
| Net income | 947,000 | 1,635,000 | 1,861,000 | 1,049,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,108,000 | 32,891,000 | 35,242,000 | 35,075,000 |
| Total capital | 34,069,000 | 37,242,000 | 39,905,000 | 40,149,000 |
| Risk-weighted assets | 316,693,000 | 347,800,000 | 372,854,000 | 403,129,000 |