Call reports 2008
GBANK — 2008
What GBANK 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 | 61,700,000 | 92,273,000 | 101,328,000 | 121,744,000 |
| Total loans | 34,736,000 | 50,695,000 | 63,819,000 | 75,747,000 |
| Allowance for loan losses | 411,000 | 660,000 | 878,000 | 1,492,000 |
| Securities available for sale | 23,127,000 | 28,314,000 | 17,999,000 | 32,295,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,332,000 | 73,347,000 | 82,721,000 | 92,584,000 |
| Interest-bearing deposits | 31,277,000 | 54,456,000 | 56,306,000 | 66,784,000 |
| Noninterest-bearing deposits | 11,055,000 | 18,892,000 | 26,415,000 | 25,800,000 |
| Equity capital | 18,984,000 | 18,486,000 | 18,192,000 | 17,066,000 |
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 | 751,000 | 1,798,000 | 3,165,000 | 4,669,000 |
| Interest expense | 165,000 | 408,000 | 705,000 | 996,000 |
| Net interest income | 586,000 | 1,390,000 | 2,460,000 | 3,673,000 |
| Noninterest income | 17,000 | 48,000 | 84,000 | 112,000 |
| Noninterest expense | 907,000 | 2,131,000 | 3,089,000 | 4,143,000 |
| Provision for loan losses | 278,000 | 527,000 | 745,000 | 1,359,000 |
| Pretax income | -582,000 | -1,220,000 | -1,290,000 | -1,717,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -582,000 | -1,220,000 | -1,290,000 | -1,717,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,914,000 | 18,608,000 | 18,560,000 | 18,143,000 |
| Total capital | 19,327,000 | 19,270,000 | 19,440,000 | 19,261,000 |
| Risk-weighted assets | 42,833,000 | 62,647,000 | 75,579,000 | 89,073,000 |