Call reports 2008
ADVANTAGE BANK — 2008
What ADVANTAGE 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 | 380,357,000 | 396,793,000 | 422,381,000 | 426,541,000 |
| Total loans | 349,097,000 | 362,396,000 | 376,787,000 | 382,180,000 |
| Allowance for loan losses | 3,491,000 | 3,707,000 | 4,024,000 | 4,385,000 |
| Securities available for sale | 16,986,000 | 16,347,000 | 16,225,000 | 16,631,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 293,360,000 | 305,675,000 | 321,861,000 | 330,501,000 |
| Interest-bearing deposits | 274,120,000 | 284,488,000 | 299,648,000 | 310,799,000 |
| Noninterest-bearing deposits | 19,240,000 | 21,187,000 | 22,213,000 | 19,702,000 |
| Equity capital | 35,456,000 | 35,272,000 | 36,581,000 | 37,960,000 |
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 | 7,127,000 | 13,870,000 | 20,683,000 | 27,244,000 |
| Interest expense | 3,493,000 | 6,735,000 | 9,860,000 | 13,064,000 |
| Net interest income | 3,634,000 | 7,135,000 | 10,823,000 | 14,180,000 |
| Noninterest income | 6,000 | 76,000 | 236,000 | 447,000 |
| Noninterest expense | 2,528,000 | 5,126,000 | 7,692,000 | 10,330,000 |
| Provision for loan losses | 305,000 | 720,000 | 1,370,000 | 2,270,000 |
| Pretax income | 807,000 | 1,514,000 | 2,146,000 | 2,197,000 |
| Income tax | 305,000 | 578,000 | 817,000 | 838,000 |
| Net income | 502,000 | 936,000 | 1,329,000 | 1,359,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,132,000 | 35,278,000 | 36,569,000 | 37,699,000 |
| Total capital | 38,623,000 | 38,985,000 | 40,593,000 | 42,084,000 |
| Risk-weighted assets | 361,929,000 | 374,051,000 | 385,910,000 | 381,860,000 |