Call reports 2008
MARINER'S BANK — 2008
What MARINER'S 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 | 194,407,000 | 222,939,000 | 286,383,000 | 261,914,000 |
| Total loans | 167,288,000 | 182,154,000 | 204,714,000 | 219,149,000 |
| Allowance for loan losses | 1,700,000 | 1,764,000 | 2,272,000 | 2,759,000 |
| Securities available for sale | 1,161,000 | 11,303,000 | 9,250,000 | 8,656,000 |
| Securities held to maturity | 9,342,000 | 9,504,000 | 5,745,000 | 12,742,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 169,554,000 | 177,958,000 | 233,720,000 | 219,665,000 |
| Interest-bearing deposits | 153,996,000 | 163,416,000 | 216,146,000 | 205,264,000 |
| Noninterest-bearing deposits | 15,558,000 | 14,542,000 | 17,574,000 | 14,402,000 |
| Equity capital | 24,201,000 | 24,120,000 | 21,563,000 | 21,534,000 |
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 | 3,091,000 | 5,989,000 | 9,761,000 | 13,666,000 |
| Interest expense | 1,389,000 | 2,835,000 | 4,578,000 | 6,605,000 |
| Net interest income | 1,702,000 | 3,154,000 | 5,183,000 | 7,061,000 |
| Noninterest income | 83,000 | 613,000 | 530,000 | 640,000 |
| Noninterest expense | 1,493,000 | 3,029,000 | 4,765,000 | 6,295,000 |
| Provision for loan losses | 3,000 | 53,000 | 560,000 | 1,017,000 |
| Pretax income | 289,000 | 685,000 | -1,283,000 | -1,282,000 |
| Income tax | 4,000 | 4,000 | 0 | 0 |
| Net income | 285,000 | 681,000 | -1,283,000 | -1,282,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,166,000 | 24,257,000 | 21,729,000 | 21,567,000 |
| Total capital | 25,917,000 | 26,072,000 | 24,052,000 | 24,309,000 |
| Risk-weighted assets | 166,453,000 | 184,856,000 | 203,983,000 | 218,876,000 |