Call reports 2008
FLORIDIAN BANK — 2008
What FLORIDIAN 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 | 86,157,000 | 94,208,000 | 103,621,000 | 111,428,000 |
| Total loans | 62,053,000 | 76,779,000 | 82,807,000 | 96,575,000 |
| Allowance for loan losses | 775,000 | 959,000 | 1,079,000 | 2,542,000 |
| Securities available for sale | 5,045,000 | 4,962,000 | 4,931,000 | 5,108,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,864,000 | 78,075,000 | 87,565,000 | 94,402,000 |
| Interest-bearing deposits | 56,579,000 | 62,204,000 | 76,278,000 | 76,082,000 |
| Noninterest-bearing deposits | 13,285,000 | 15,871,000 | 11,287,000 | 18,320,000 |
| Equity capital | 16,168,000 | 15,967,000 | 15,833,000 | 13,846,000 |
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 | 1,119,000 | 2,328,000 | 3,762,000 | 5,226,000 |
| Interest expense | 449,000 | 886,000 | 1,475,000 | 2,031,000 |
| Net interest income | 670,000 | 1,442,000 | 2,287,000 | 3,195,000 |
| Noninterest income | 48,000 | 102,000 | 165,000 | 229,000 |
| Noninterest expense | 830,000 | 1,717,000 | 2,706,000 | 3,660,000 |
| Provision for loan losses | 50,000 | 234,000 | 354,000 | 1,873,000 |
| Pretax income | -162,000 | -407,000 | -608,000 | -2,105,000 |
| Income tax | -56,000 | -144,000 | -223,000 | 311,000 |
| Net income | -106,000 | -263,000 | -385,000 | -2,416,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,134,000 | 15,982,000 | 15,868,000 | 13,849,000 |
| Total capital | 16,909,000 | 16,940,000 | 16,947,000 | 15,166,000 |
| Risk-weighted assets | 72,529,000 | 88,680,000 | 92,198,000 | 104,128,000 |