Call reports 2008
EVOLVE BANK & TRUST — 2008
What EVOLVE BANK & TRUST 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 | 92,467,000 | 91,937,000 | 93,046,000 | 123,758,000 |
| Total loans | 53,700,000 | 57,555,000 | 63,732,000 | 59,350,000 |
| Allowance for loan losses | 554,000 | 558,000 | 612,000 | 660,000 |
| Securities available for sale | 23,830,000 | 25,323,000 | 19,782,000 | 38,678,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,457,000 | 76,546,000 | 69,533,000 | 95,325,000 |
| Interest-bearing deposits | 73,006,000 | 71,159,000 | 53,155,000 | 88,859,000 |
| Noninterest-bearing deposits | 5,451,000 | 5,386,000 | 16,378,000 | 6,466,000 |
| Equity capital | 11,015,000 | 11,021,000 | 11,204,000 | 13,179,000 |
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 | 1,438,000 | 2,839,000 | 4,194,000 | 5,570,000 |
| Interest expense | 558,000 | 902,000 | 1,279,000 | 1,772,000 |
| Net interest income | 880,000 | 1,937,000 | 2,915,000 | 3,798,000 |
| Noninterest income | 407,000 | 693,000 | 1,136,000 | 1,753,000 |
| Noninterest expense | 1,023,000 | 2,070,000 | 3,224,000 | 4,584,000 |
| Provision for loan losses | 30,000 | 70,000 | 125,000 | 170,000 |
| Pretax income | 234,000 | 490,000 | 702,000 | 811,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 234,000 | 490,000 | 702,000 | 811,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,245,000 | 8,501,000 | 8,714,000 | 10,822,000 |
| Total capital | 8,799,000 | 9,059,000 | 9,326,000 | 11,482,000 |
| Risk-weighted assets | 65,660,000 | 66,238,000 | 68,463,000 | 70,727,000 |