Call reports 2008
1ST CONSTITUTION BANK — 2008
What 1ST CONSTITUTION 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 | 475,345,000 | 503,797,000 | 513,276,000 | 545,140,000 |
| Total loans | 358,153,000 | 377,362,000 | 374,935,000 | 383,050,000 |
| Allowance for loan losses | 3,513,000 | 3,636,000 | 3,729,000 | 3,685,000 |
| Securities available for sale | 69,335,000 | 70,052,000 | 84,388,000 | 90,833,000 |
| Securities held to maturity | 16,486,000 | 16,296,000 | 16,131,000 | 36,551,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 378,824,000 | 396,430,000 | 390,646,000 | 414,698,000 |
| Interest-bearing deposits | 305,712,000 | 308,797,000 | 320,539,000 | 342,926,000 |
| Noninterest-bearing deposits | 73,112,000 | 87,633,000 | 70,107,000 | 71,772,000 |
| Equity capital | 58,455,000 | 58,017,000 | 59,466,000 | 71,964,000 |
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 | 7,166,000 | 14,354,000 | 21,741,000 | 29,110,000 |
| Interest expense | 2,914,000 | 5,812,000 | 8,747,000 | 11,661,000 |
| Net interest income | 4,252,000 | 8,542,000 | 12,994,000 | 17,449,000 |
| Noninterest income | 907,000 | 1,856,000 | 2,962,000 | 3,843,000 |
| Noninterest expense | 3,537,000 | 7,296,000 | 11,355,000 | 15,593,000 |
| Provision for loan losses | 165,000 | 360,000 | 535,000 | 640,000 |
| Pretax income | 1,457,000 | 2,742,000 | 4,066,000 | 5,059,000 |
| Income tax | 489,000 | 862,000 | 1,232,000 | 1,591,000 |
| Net income | 968,000 | 1,880,000 | 2,834,000 | 3,468,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,583,000 | 58,269,000 | 59,194,000 | 71,070,000 |
| Total capital | 61,096,000 | 61,905,000 | 62,923,000 | 74,755,000 |
| Risk-weighted assets | 394,399,000 | 416,656,000 | 411,382,000 | 426,201,000 |