Call reports 2008
REPUBLIC BANK OF ARIZONA — 2008
What REPUBLIC BANK OF ARIZONA 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 | 11,376,000 | 12,039,000 | 13,142,000 | 17,902,000 |
| Total loans | 745,000 | 6,404,000 | 8,117,000 | 11,664,000 |
| Allowance for loan losses | 9,000 | 78,000 | 106,000 | 174,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 666,000 | 610,000 | 560,000 | 516,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,925,000 | 3,998,000 | 5,460,000 | 10,610,000 |
| Interest-bearing deposits | 2,292,000 | 2,700,000 | 3,983,000 | 9,560,000 |
| Noninterest-bearing deposits | 633,000 | 1,299,000 | 1,477,000 | 1,050,000 |
| Equity capital | 8,306,000 | 7,915,000 | 7,550,000 | 7,046,000 |
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 | 93,000 | 185,000 | 350,000 | 569,000 |
| Interest expense | 15,000 | 26,000 | 48,000 | 82,000 |
| Net interest income | 78,000 | 159,000 | 302,000 | 487,000 |
| Noninterest income | 5,000 | 15,000 | 28,000 | 34,000 |
| Noninterest expense | 785,000 | 1,215,000 | 1,726,000 | 2,195,000 |
| Provision for loan losses | 6,000 | 75,000 | 103,000 | 171,000 |
| Pretax income | -708,000 | -1,116,000 | -1,499,000 | -1,845,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -708,000 | -1,116,000 | -1,499,000 | -1,845,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,306,000 | 7,915,000 | 7,550,000 | 7,046,000 |
| Total capital | 8,315,000 | 7,993,000 | 7,656,000 | 7,210,000 |
| Risk-weighted assets | 3,356,000 | 7,794,000 | 9,291,000 | 13,074,000 |