Call reports 2008
TRUST ONE BANK — 2008
What TRUST ONE 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 | 548,641,000 | 512,948,000 | 508,965,000 | 459,553,000 |
| Total loans | 389,949,000 | 389,197,000 | 379,478,000 | 354,794,000 |
| Allowance for loan losses | 9,343,000 | 11,454,000 | 8,530,000 | 7,535,000 |
| Securities available for sale | 41,988,000 | 45,123,000 | 42,935,000 | 40,928,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 354,520,000 | 361,350,000 | 369,842,000 | 373,109,000 |
| Interest-bearing deposits | 343,071,000 | 351,142,000 | 358,005,000 | 333,822,000 |
| Noninterest-bearing deposits | 11,449,000 | 10,208,000 | 11,837,000 | 39,287,000 |
| Equity capital | 113,144,000 | 90,204,000 | 79,411,000 | 43,756,000 |
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 | 6,793,000 | 12,860,000 | 19,008,000 | 24,858,000 |
| Interest expense | 3,675,000 | 6,775,000 | 9,648,000 | 12,533,000 |
| Net interest income | 3,118,000 | 6,085,000 | 9,360,000 | 12,325,000 |
| Noninterest income | 437,000 | 283,000 | 721,000 | 612,000 |
| Noninterest expense | 3,652,000 | 33,510,000 | 46,644,000 | 85,900,000 |
| Provision for loan losses | 3,573,000 | 6,501,000 | 8,210,000 | 12,626,000 |
| Pretax income | -3,670,000 | -33,838,000 | -45,450,000 | -86,299,000 |
| Income tax | -1,487,000 | -2,773,000 | -3,491,000 | -5,392,000 |
| Net income | -2,183,000 | -31,065,000 | -41,959,000 | -80,907,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,940,000 | 38,312,000 | 37,481,000 | 37,909,000 |
| Total capital | 42,202,000 | 43,505,000 | 42,582,000 | 42,684,000 |
| Risk-weighted assets | 416,841,000 | 409,147,000 | 404,662,000 | 379,176,000 |