Call reports 2008
HARBOR COMMUNITY BANK — 2008
What HARBOR COMMUNITY 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 | 82,340,000 | 85,876,000 | 83,462,000 | 83,327,000 |
| Total loans | 61,192,000 | 62,200,000 | 62,649,000 | 63,375,000 |
| Allowance for loan losses | 832,000 | 997,000 | 863,000 | 812,000 |
| Securities available for sale | 11,085,000 | 9,540,000 | 9,334,000 | 9,483,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,982,000 | 75,980,000 | 73,032,000 | 72,692,000 |
| Interest-bearing deposits | 54,806,000 | 58,504,000 | 56,003,000 | 57,932,000 |
| Noninterest-bearing deposits | 19,176,000 | 17,475,000 | 17,029,000 | 14,760,000 |
| Equity capital | 7,798,000 | 7,566,000 | 7,791,000 | 8,134,000 |
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 | 1,458,000 | 2,871,000 | 4,329,000 | 5,754,000 |
| Interest expense | 420,000 | 764,000 | 1,114,000 | 1,478,000 |
| Net interest income | 1,038,000 | 2,107,000 | 3,215,000 | 4,276,000 |
| Noninterest income | 226,000 | 376,000 | 555,000 | 765,000 |
| Noninterest expense | 971,000 | 2,036,000 | 2,926,000 | 3,891,000 |
| Provision for loan losses | 38,000 | 200,000 | 279,000 | 391,000 |
| Pretax income | 255,000 | 247,000 | 565,000 | 759,000 |
| Income tax | 80,000 | 71,000 | 160,000 | 213,000 |
| Net income | 175,000 | 176,000 | 405,000 | 546,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,618,000 | 7,617,000 | 7,847,000 | 7,988,000 |
| Total capital | 8,450,000 | 8,491,000 | 8,710,000 | 8,800,000 |
| Risk-weighted assets | 68,522,000 | 69,832,000 | 70,783,000 | 70,865,000 |