Call reports 2008
NEW CITY BANK — 2008
What NEW CITY 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 | 87,777,000 | 91,045,000 | 95,630,000 | 103,471,000 |
| Total loans | 63,517,000 | 63,185,000 | 63,485,000 | 65,373,000 |
| Allowance for loan losses | 850,000 | 870,000 | 885,000 | 1,000,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 15,448,000 | 15,450,000 | 15,365,000 | 18,617,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 76,016,000 | 79,058,000 | 83,370,000 | 90,526,000 |
| Interest-bearing deposits | 70,254,000 | 74,136,000 | 77,245,000 | 85,331,000 |
| Noninterest-bearing deposits | 5,762,000 | 4,921,000 | 6,125,000 | 5,195,000 |
| Equity capital | 11,184,000 | 11,362,000 | 11,542,000 | 12,372,000 |
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 | 1,508,000 | 2,945,000 | 4,403,000 | 5,788,000 |
| Interest expense | 826,000 | 1,585,000 | 2,349,000 | 3,134,000 |
| Net interest income | 682,000 | 1,360,000 | 2,054,000 | 2,654,000 |
| Noninterest income | 45,000 | 79,000 | 129,000 | 163,000 |
| Noninterest expense | 431,000 | 881,000 | 1,319,000 | 1,665,000 |
| Provision for loan losses | 20,000 | 40,000 | 66,000 | 368,000 |
| Pretax income | 276,000 | 518,000 | 798,000 | 784,000 |
| Income tax | 5,000 | 9,000 | 14,000 | 13,000 |
| Net income | 271,000 | 509,000 | 784,000 | 771,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,184,000 | 11,362,000 | 11,542,000 | 12,372,000 |
| Total capital | 11,994,000 | 12,169,000 | 12,359,000 | 13,264,000 |
| Risk-weighted assets | 64,799,000 | 64,513,000 | 65,548,000 | 71,288,000 |