Call reports 2008
AMALGAMATED BANK — 2008
What AMALGAMATED 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 | 4,609,336,000 | 4,457,398,000 | 4,573,953,000 | 4,470,550,000 |
| Total loans | 2,188,427,000 | 2,240,043,000 | 2,306,493,000 | 2,276,614,000 |
| Allowance for loan losses | 60,974,000 | 61,869,000 | 58,459,000 | 40,114,000 |
| Securities available for sale | 1,990,813,000 | 1,946,290,000 | 1,808,551,000 | 1,718,940,000 |
| Securities held to maturity | 28,609,000 | 23,515,000 | 19,016,000 | 17,011,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,458,084,000 | 2,432,867,000 | 2,681,275,000 | 2,639,200,000 |
| Interest-bearing deposits | 2,088,251,000 | 2,085,311,000 | 2,154,000,000 | 2,285,240,000 |
| Noninterest-bearing deposits | 369,833,000 | 347,556,000 | 527,275,000 | 353,960,000 |
| Equity capital | 229,336,000 | 238,266,000 | 243,572,000 | 224,511,000 |
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 | 58,922,000 | 115,591,000 | 171,581,000 | 228,116,000 |
| Interest expense | 31,545,000 | 59,397,000 | 85,814,000 | 111,332,000 |
| Net interest income | 27,377,000 | 56,194,000 | 85,767,000 | 116,784,000 |
| Noninterest income | 10,739,000 | 20,920,000 | 31,312,000 | 42,548,000 |
| Noninterest expense | 29,303,000 | 56,819,000 | 84,086,000 | 109,262,000 |
| Provision for loan losses | 24,500,000 | 26,000,000 | 27,500,000 | 53,571,000 |
| Pretax income | -15,687,000 | -5,705,000 | -13,231,000 | -23,242,000 |
| Income tax | -5,332,000 | -1,934,000 | -4,587,000 | -10,858,000 |
| Net income | -10,355,000 | -3,771,000 | -8,644,000 | -12,384,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 264,764,000 | 286,911,000 | 293,116,000 | 270,370,000 |
| Total capital | 298,960,000 | 321,168,000 | 326,759,000 | 303,412,000 |
| Risk-weighted assets | 2,707,708,000 | 2,720,199,000 | 2,666,621,000 | 2,636,318,000 |