Call reports 2008
FLAGLER BANK — 2008
What FLAGLER 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 | 119,341,000 | 116,587,000 | 122,408,000 | 127,961,000 |
| Total loans | 81,699,000 | 85,604,000 | 97,140,000 | 101,063,000 |
| Allowance for loan losses | 900,000 | 924,000 | 978,000 | 1,661,000 |
| Securities available for sale | 4,831,000 | 5,073,000 | 4,850,000 | 7,253,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 102,432,000 | 99,852,000 | 101,407,000 | 111,324,000 |
| Interest-bearing deposits | 93,416,000 | 90,970,000 | 91,125,000 | 102,130,000 |
| Noninterest-bearing deposits | 9,016,000 | 8,882,000 | 10,282,000 | 9,194,000 |
| Equity capital | 11,702,000 | 11,520,000 | 11,757,000 | 11,454,000 |
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 | 1,929,000 | 3,819,000 | 5,728,000 | 7,800,000 |
| Interest expense | 934,000 | 1,876,000 | 2,759,000 | 3,648,000 |
| Net interest income | 995,000 | 1,943,000 | 2,969,000 | 4,152,000 |
| Noninterest income | 88,000 | 177,000 | 262,000 | 348,000 |
| Noninterest expense | 723,000 | 1,473,000 | 2,264,000 | 3,148,000 |
| Provision for loan losses | 45,000 | 90,000 | 180,000 | 897,000 |
| Pretax income | 315,000 | 557,000 | 787,000 | 455,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 315,000 | 557,000 | 787,000 | 455,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,640,000 | 11,533,000 | 11,762,000 | 11,431,000 |
| Total capital | 12,540,000 | 12,457,000 | 12,740,000 | 12,830,000 |
| Risk-weighted assets | 94,707,000 | 98,107,000 | 107,473,000 | 111,947,000 |