Call reports 2008
BLUEHARBOR BANK — 2008
What BLUEHARBOR 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 | 26,192,000 | 31,332,000 | 39,049,000 | 43,697,000 |
| Total loans | 4,912,000 | 12,329,000 | 23,204,000 | 36,862,000 |
| Allowance for loan losses | 74,000 | 188,000 | 379,000 | 587,000 |
| Securities available for sale | 0 | 999,000 | 3,013,000 | 3,032,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 6,410,000 | 12,066,000 | 18,370,000 | 22,297,000 |
| Interest-bearing deposits | 6,120,000 | 11,231,000 | 17,494,000 | 21,204,000 |
| Noninterest-bearing deposits | 290,000 | 835,000 | 876,000 | 1,093,000 |
| Equity capital | 19,595,000 | 19,194,000 | 18,644,000 | 18,088,000 |
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 | 176,000 | 377,000 | 682,000 | 1,132,000 |
| Interest expense | 27,000 | 107,000 | 226,000 | 391,000 |
| Net interest income | 149,000 | 270,000 | 456,000 | 741,000 |
| Noninterest income | 1,000 | 5,000 | 13,000 | 23,000 |
| Noninterest expense | 343,000 | 745,000 | 1,325,000 | 2,039,000 |
| Provision for loan losses | 74,000 | 188,000 | 379,000 | 587,000 |
| Pretax income | -267,000 | -658,000 | -1,235,000 | -1,862,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -267,000 | -658,000 | -1,235,000 | -1,862,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,595,000 | 19,194,000 | 18,626,000 | 18,033,000 |
| Total capital | 19,669,000 | 19,382,000 | 18,946,000 | 18,484,000 |
| Risk-weighted assets | 10,306,000 | 16,372,000 | 25,555,000 | 36,011,000 |