Call reports 2008
WORLD'S FOREMOST BANK — 2008
What WORLD'S FOREMOST 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 | 383,864,000 | 400,750,000 | 471,508,000 | 728,271,000 |
| Total loans | 180,498,000 | 190,133,000 | 141,600,000 | 174,713,000 |
| Allowance for loan losses | 3,704,000 | 4,260,000 | 5,185,000 | 5,725,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 7,699,000 | 11,694,000 | 16,867,000 | 33,364,000 |
| Trading assets | 24,902,000 | 22,169,000 | 21,993,000 | 22,803,000 |
| Total deposits | 183,565,000 | 201,582,000 | 265,189,000 | 486,199,000 |
| Interest-bearing deposits | 183,565,000 | 201,582,000 | 265,189,000 | 486,199,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 120,472,000 | 126,952,000 | 133,758,000 | 140,886,000 |
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 | 11,269,000 | 20,115,000 | 31,529,000 | 40,819,000 |
| Interest expense | 3,501,000 | 6,163,000 | 8,993,000 | 13,417,000 |
| Net interest income | 7,768,000 | 13,952,000 | 22,536,000 | 27,402,000 |
| Noninterest income | 60,817,000 | 124,089,000 | 189,914,000 | 256,210,000 |
| Noninterest expense | 56,912,000 | 114,097,000 | 175,013,000 | 232,751,000 |
| Provision for loan losses | 1,863,000 | 4,068,000 | 6,802,000 | 9,152,000 |
| Pretax income | 9,810,000 | 19,876,000 | 30,635,000 | 41,709,000 |
| Income tax | 3,675,000 | 7,261,000 | 11,214,000 | 15,160,000 |
| Net income | 6,135,000 | 12,615,000 | 19,421,000 | 26,549,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 120,472,000 | 126,952,000 | 133,758,000 | 140,886,000 |
| Total capital | 124,176,000 | 131,212,000 | 138,943,000 | 166,611,000 |
| Risk-weighted assets | 485,439,000 | 489,395,000 | 440,625,000 | 593,252,000 |