Call reports 2008
FIRST METRO BANK — 2008
What FIRST METRO 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 | 385,614,000 | 387,098,000 | 386,308,000 | 400,094,000 |
| Total loans | 230,369,000 | 238,018,000 | 244,552,000 | 250,477,000 |
| Allowance for loan losses | 2,222,000 | 2,216,000 | 2,235,000 | 2,224,000 |
| Securities available for sale | 71,273,000 | 77,516,000 | 73,810,000 | 73,347,000 |
| Securities held to maturity | 17,896,000 | 19,252,000 | 23,109,000 | 21,804,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 344,406,000 | 346,290,000 | 344,498,000 | 357,749,000 |
| Interest-bearing deposits | 327,822,000 | 331,252,000 | 330,068,000 | 342,278,000 |
| Noninterest-bearing deposits | 16,585,000 | 15,038,000 | 14,431,000 | 15,471,000 |
| Equity capital | 36,035,000 | 36,390,000 | 37,765,000 | 37,773,000 |
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 | 5,748,000 | 11,334,000 | 16,913,000 | 22,326,000 |
| Interest expense | 2,559,000 | 4,864,000 | 7,048,000 | 9,077,000 |
| Net interest income | 3,189,000 | 6,470,000 | 9,865,000 | 13,249,000 |
| Noninterest income | 743,000 | 1,485,000 | 2,198,000 | 2,906,000 |
| Noninterest expense | 1,811,000 | 3,693,000 | 5,680,000 | 7,648,000 |
| Provision for loan losses | 0 | 60,000 | 120,000 | 290,000 |
| Pretax income | 2,121,000 | 4,202,000 | 6,263,000 | 8,217,000 |
| Income tax | 833,000 | 1,627,000 | 2,389,000 | 2,947,000 |
| Net income | 1,288,000 | 2,575,000 | 3,874,000 | 5,270,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,254,000 | 36,540,000 | 37,840,000 | 37,088,000 |
| Total capital | 37,476,000 | 38,756,000 | 40,075,000 | 39,312,000 |
| Risk-weighted assets | 234,017,000 | 239,741,000 | 245,303,000 | 252,828,000 |