Call reports 2008
FREESTAR BANK, NATIONAL ASSOCIATION — 2008
What FREESTAR BANK, NATIONAL ASSOCIATION 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 | 412,879,000 | 410,666,000 | 405,575,000 | 403,268,000 |
| Total loans | 224,784,000 | 229,261,000 | 235,355,000 | 238,151,000 |
| Allowance for loan losses | 1,966,000 | 1,763,000 | 2,197,000 | 2,271,000 |
| Securities available for sale | 150,548,000 | 142,118,000 | 131,633,000 | 125,245,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 328,610,000 | 323,909,000 | 316,627,000 | 306,018,000 |
| Interest-bearing deposits | 280,790,000 | 276,879,000 | 272,042,000 | 257,668,000 |
| Noninterest-bearing deposits | 47,820,000 | 47,030,000 | 44,585,000 | 48,350,000 |
| Equity capital | 34,695,000 | 32,842,000 | 31,251,000 | 32,769,000 |
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 | 5,911,000 | 11,623,000 | 17,419,000 | 22,937,000 |
| Interest expense | 2,893,000 | 5,424,000 | 7,794,000 | 9,859,000 |
| Net interest income | 3,018,000 | 6,199,000 | 9,625,000 | 13,078,000 |
| Noninterest income | 1,118,000 | 2,239,000 | 3,466,000 | 4,596,000 |
| Noninterest expense | 3,110,000 | 6,232,000 | 9,155,000 | 12,452,000 |
| Provision for loan losses | 140,000 | 590,000 | 740,000 | 890,000 |
| Pretax income | 886,000 | 1,616,000 | 556,000 | 1,427,000 |
| Income tax | 8,000 | 15,000 | 22,000 | 30,000 |
| Net income | 878,000 | 1,601,000 | 534,000 | 1,397,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,619,000 | 26,982,000 | 25,568,000 | 26,517,000 |
| Total capital | 28,585,000 | 28,745,000 | 27,765,000 | 28,788,000 |
| Risk-weighted assets | 254,464,000 | 258,093,000 | 263,709,000 | 270,049,000 |