Call reports 2008
FIRST CENTURY BANK, NATIONAL ASSOCIATION — 2008
What FIRST CENTURY BANK, NATIONAL ASSOCIATION 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 | 36,561,000 | 45,915,000 | 48,915,000 | 62,905,000 |
| Total loans | 19,886,000 | 21,126,000 | 34,922,000 | 39,690,000 |
| Allowance for loan losses | 233,000 | 190,000 | 370,000 | 563,000 |
| Securities available for sale | 7,759,000 | 8,673,000 | 8,760,000 | 11,100,000 |
| Securities held to maturity | 0 | 0 | 0 | 7,178,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,444,000 | 39,770,000 | 42,971,000 | 57,154,000 |
| Interest-bearing deposits | 27,562,000 | 36,590,000 | 39,602,000 | 54,085,000 |
| Noninterest-bearing deposits | 1,882,000 | 3,180,000 | 3,369,000 | 3,069,000 |
| Equity capital | 2,927,000 | 1,896,000 | 3,574,000 | 3,316,000 |
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 | 510,000 | 1,056,000 | 1,679,000 | 2,500,000 |
| Interest expense | 391,000 | 738,000 | 1,154,000 | 1,586,000 |
| Net interest income | 119,000 | 318,000 | 525,000 | 914,000 |
| Noninterest income | 38,000 | 189,000 | 317,000 | 482,000 |
| Noninterest expense | 759,000 | 1,826,000 | 2,851,000 | 4,079,000 |
| Provision for loan losses | 0 | 245,000 | 410,000 | 640,000 |
| Pretax income | -602,000 | -1,564,000 | -2,416,000 | -3,320,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -602,000 | -1,564,000 | -2,416,000 | -3,320,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,886,000 | 1,925,000 | 3,684,000 | 3,279,000 |
| Total capital | 3,119,000 | 2,115,000 | 4,054,000 | 3,790,000 |
| Risk-weighted assets | 22,341,000 | 24,348,000 | 36,634,000 | 40,808,000 |