Call reports 2008
PITNEY BOWES BANK INC., THE — 2008
What PITNEY BOWES BANK INC., THE 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 | 687,050,000 | 698,349,000 | 713,210,000 | 714,423,000 |
| Total loans | 450,300,000 | 435,912,000 | 461,605,000 | 481,296,000 |
| Allowance for loan losses | 20,992,000 | 20,587,000 | 21,550,000 | 22,967,000 |
| Securities available for sale | 176,443,000 | 202,794,000 | 198,772,000 | 197,402,000 |
| Securities held to maturity | 1,940,000 | 2,881,000 | 2,460,000 | 2,630,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 585,606,000 | 609,156,000 | 613,095,000 | 624,281,000 |
| Interest-bearing deposits | 532,201,000 | 558,437,000 | 559,062,000 | 568,322,000 |
| Noninterest-bearing deposits | 53,405,000 | 50,719,000 | 54,033,000 | 55,959,000 |
| Equity capital | 57,256,000 | 56,235,000 | 60,802,000 | 61,277,000 |
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 | 36,451,000 | 70,124,000 | 106,151,000 | 142,624,000 |
| Interest expense | 1,036,000 | 2,117,000 | 3,250,000 | 4,341,000 |
| Net interest income | 35,415,000 | 68,007,000 | 102,901,000 | 138,283,000 |
| Noninterest income | 10,406,000 | 22,874,000 | 34,604,000 | 46,569,000 |
| Noninterest expense | 513,000 | 1,065,000 | 1,623,000 | 2,162,000 |
| Provision for loan losses | 3,683,000 | 9,650,000 | 16,508,000 | 25,108,000 |
| Pretax income | 41,952,000 | 80,490,000 | 119,792,000 | 157,739,000 |
| Income tax | 16,717,000 | 29,741,000 | 44,263,000 | 57,518,000 |
| Net income | 25,235,000 | 50,749,000 | 75,529,000 | 100,221,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 56,694,000 | 55,958,000 | 60,694,000 | 60,345,000 |
| Total capital | 62,941,000 | 62,744,000 | 67,796,000 | 67,624,000 |
| Risk-weighted assets | 485,016,000 | 529,118,000 | 553,689,000 | 566,638,000 |