Call reports 2008
BENEFICIAL BANK — 2008
What BENEFICIAL 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 | 3,682,720,000 | 3,733,259,000 | 3,822,825,000 | 3,987,528,000 |
| Total loans | 2,156,133,000 | 2,234,067,000 | 2,323,163,000 | 2,424,330,000 |
| Allowance for loan losses | 20,580,000 | 22,539,000 | 25,208,000 | 36,905,000 |
| Securities available for sale | 1,052,766,000 | 1,030,498,000 | 1,013,351,000 | 1,105,041,000 |
| Securities held to maturity | 92,903,000 | 88,158,000 | 84,401,000 | 76,014,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,609,166,000 | 2,656,996,000 | 2,670,630,000 | 2,779,882,000 |
| Interest-bearing deposits | 2,361,198,000 | 2,424,723,000 | 2,443,075,000 | 2,551,370,000 |
| Noninterest-bearing deposits | 247,968,000 | 232,273,000 | 227,555,000 | 228,512,000 |
| Equity capital | 556,428,000 | 560,359,000 | 564,865,000 | 571,354,000 |
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 | 48,164,000 | 95,964,000 | 143,978,000 | 192,641,000 |
| Interest expense | 21,308,000 | 41,193,000 | 60,213,000 | 79,197,000 |
| Net interest income | 26,856,000 | 54,771,000 | 83,765,000 | 113,444,000 |
| Noninterest income | 7,115,000 | 13,297,000 | 19,784,000 | 26,022,000 |
| Noninterest expense | 25,679,000 | 43,873,000 | 70,310,000 | 97,169,000 |
| Provision for loan losses | 300,000 | 2,600,000 | 5,791,000 | 18,901,000 |
| Pretax income | 7,984,000 | 21,653,000 | 27,485,000 | 23,201,000 |
| Income tax | 2,114,000 | 6,297,000 | 7,748,000 | 4,390,000 |
| Net income | 5,870,000 | 15,356,000 | 19,737,000 | 18,811,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 411,269,000 | 416,789,000 | 421,723,000 | 421,665,000 |
| Total capital | 431,849,000 | 439,328,000 | 446,931,000 | 451,413,000 |
| Risk-weighted assets | 2,151,788,000 | 2,209,325,000 | 2,291,631,000 | 2,371,660,000 |