Call reports 2008
FIRSTBANK OF ARIZONA, INC. — 2008
What FIRSTBANK OF ARIZONA, INC. 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 | 66,147,000 | 87,327,000 | 109,440,000 | 114,283,000 |
| Total loans | 20,368,000 | 34,678,000 | 52,884,000 | 56,100,000 |
| Allowance for loan losses | 184,000 | 318,000 | 504,000 | 1,157,000 |
| Securities available for sale | 24,861,000 | 28,903,000 | 29,038,000 | 28,657,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,564,000 | 47,727,000 | 55,051,000 | 47,979,000 |
| Interest-bearing deposits | 42,966,000 | 46,019,000 | 52,647,000 | 46,078,000 |
| Noninterest-bearing deposits | 3,598,000 | 1,709,000 | 2,404,000 | 1,901,000 |
| Equity capital | 17,467,000 | 21,705,000 | 21,186,000 | 22,883,000 |
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 | 518,000 | 1,355,000 | 2,483,000 | 3,746,000 |
| Interest expense | 412,000 | 952,000 | 1,604,000 | 2,147,000 |
| Net interest income | 106,000 | 403,000 | 879,000 | 1,599,000 |
| Noninterest income | 13,000 | 36,000 | 67,000 | 122,000 |
| Noninterest expense | 909,000 | 1,897,000 | 2,940,000 | 4,015,000 |
| Provision for loan losses | 116,000 | 253,000 | 441,000 | 1,103,000 |
| Pretax income | -906,000 | -1,711,000 | -2,435,000 | -3,397,000 |
| Income tax | -310,000 | -542,000 | -665,000 | -557,000 |
| Net income | -596,000 | -1,169,000 | -1,770,000 | -2,840,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,843,000 | 22,070,000 | 21,470,000 | 23,399,000 |
| Total capital | 18,034,000 | 22,400,000 | 21,995,000 | 24,547,000 |
| Risk-weighted assets | 43,131,000 | 65,075,000 | 87,586,000 | 91,779,000 |