Call reports 2008
WATERMAN BANK — 2008
What WATERMAN 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 | 32,626,000 | 33,199,000 | 35,704,000 | 37,946,000 |
| Total loans | 14,209,000 | 14,255,000 | 15,330,000 | 16,573,000 |
| Allowance for loan losses | 293,000 | 291,000 | 295,000 | 331,000 |
| Securities available for sale | 15,333,000 | 14,865,000 | 16,646,000 | 17,358,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,772,000 | 29,249,000 | 30,292,000 | 32,040,000 |
| Interest-bearing deposits | 25,485,000 | 25,599,000 | 26,639,000 | 27,929,000 |
| Noninterest-bearing deposits | 3,287,000 | 3,650,000 | 3,653,000 | 4,111,000 |
| Equity capital | 3,145,000 | 2,813,000 | 2,497,000 | 3,344,000 |
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 | 457,000 | 913,000 | 1,367,000 | 1,897,000 |
| Interest expense | 175,000 | 344,000 | 502,000 | 632,000 |
| Net interest income | 282,000 | 569,000 | 865,000 | 1,265,000 |
| Noninterest income | 26,000 | 56,000 | 76,000 | 98,000 |
| Noninterest expense | 232,000 | 479,000 | 739,000 | 998,000 |
| Provision for loan losses | 0 | 0 | 4,000 | 52,000 |
| Pretax income | 90,000 | 162,000 | 219,000 | 341,000 |
| Income tax | 0 | 0 | 0 | 3,000 |
| Net income | 90,000 | 162,000 | 219,000 | 338,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,138,000 | 3,165,000 | 3,132,000 | 3,221,000 |
| Total capital | 3,361,000 | 3,398,000 | 3,380,000 | 3,486,000 |
| Risk-weighted assets | 17,774,000 | 18,562,000 | 19,828,000 | 21,173,000 |
Machine access — free, no API key
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