Call reports 2008
TITAN BANK, N.A. — 2008
What TITAN BANK, N.A. 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 | 42,886,000 | 44,528,000 | 43,745,000 | 42,036,000 |
| Total loans | 17,379,000 | 18,102,000 | 18,628,000 | 18,122,000 |
| Allowance for loan losses | 366,000 | 383,000 | 366,000 | 381,000 |
| Securities available for sale | 19,942,000 | 18,603,000 | 17,806,000 | 16,925,000 |
| Securities held to maturity | 178,000 | 178,000 | 178,000 | 178,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,441,000 | 40,478,000 | 39,525,000 | 37,529,000 |
| Interest-bearing deposits | 27,529,000 | 32,596,000 | 31,863,000 | 30,673,000 |
| Noninterest-bearing deposits | 10,912,000 | 7,882,000 | 7,662,000 | 6,856,000 |
| Equity capital | 4,258,000 | 3,969,000 | 4,130,000 | 4,338,000 |
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 | 677,000 | 1,304,000 | 1,927,000 | 2,525,000 |
| Interest expense | 250,000 | 506,000 | 748,000 | 976,000 |
| Net interest income | 427,000 | 798,000 | 1,179,000 | 1,549,000 |
| Noninterest income | 79,000 | 162,000 | 262,000 | 355,000 |
| Noninterest expense | 408,000 | 828,000 | 1,254,000 | 1,687,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 98,000 | 132,000 | 187,000 | 217,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 98,000 | 132,000 | 187,000 | 217,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,046,000 | 4,081,000 | 4,135,000 | 4,165,000 |
| Total capital | 4,294,000 | 4,341,000 | 4,400,000 | 4,419,000 |
| Risk-weighted assets | 19,748,000 | 20,705,000 | 21,127,000 | 20,159,000 |