Call reports 2008
LEGENDS WEST BANK — 2008
What LEGENDS WEST 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 | 22,268,000 | 21,023,000 | 20,134,000 | 20,240,000 |
| Total loans | 9,306,000 | 10,065,000 | 10,596,000 | 10,856,000 |
| Allowance for loan losses | 85,000 | 85,000 | 85,000 | 90,000 |
| Securities available for sale | 4,094,000 | 4,555,000 | 4,322,000 | 4,368,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 16,623,000 | 15,413,000 | 14,462,000 | 14,763,000 |
| Interest-bearing deposits | 14,715,000 | 13,680,000 | 12,733,000 | 12,502,000 |
| Noninterest-bearing deposits | 1,908,000 | 1,733,000 | 1,729,000 | 2,261,000 |
| Equity capital | 5,432,000 | 5,443,000 | 5,511,000 | 5,410,000 |
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 | 298,000 | 577,000 | 851,000 | 1,099,000 |
| Interest expense | 127,000 | 230,000 | 316,000 | 388,000 |
| Net interest income | 171,000 | 347,000 | 535,000 | 711,000 |
| Noninterest income | 49,000 | 74,000 | 105,000 | 133,000 |
| Noninterest expense | 137,000 | 269,000 | 399,000 | 883,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 83,000 | 152,000 | 241,000 | -39,000 |
| Income tax | 18,000 | 36,000 | 55,000 | -109,000 |
| Net income | 65,000 | 116,000 | 186,000 | 70,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,393,000 | 5,444,000 | 5,514,000 | 5,398,000 |
| Total capital | 5,478,000 | 5,529,000 | 5,599,000 | 5,488,000 |
| Risk-weighted assets | 12,697,000 | 12,503,000 | 12,717,000 | 12,974,000 |