Call reports 2008
CARDINAL BANK — 2008
What CARDINAL 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 | 1,685,873,000 | 1,720,115,000 | 1,632,234,000 | 1,737,738,000 |
| Total loans | 1,195,453,000 | 1,226,831,000 | 1,221,084,000 | 1,296,357,000 |
| Allowance for loan losses | 11,858,000 | 12,390,000 | 13,257,000 | 14,518,000 |
| Securities available for sale | 302,225,000 | 318,015,000 | 231,044,000 | 265,356,000 |
| Securities held to maturity | 61,783,000 | 55,550,000 | 52,229,000 | 50,183,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,146,168,000 | 1,116,312,000 | 1,086,292,000 | 1,185,600,000 |
| Interest-bearing deposits | 1,099,310,000 | 1,066,455,000 | 1,035,336,000 | 1,126,841,000 |
| Noninterest-bearing deposits | 46,858,000 | 49,857,000 | 50,956,000 | 58,759,000 |
| Equity capital | 166,380,000 | 164,463,000 | 160,363,000 | 165,473,000 |
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 | 23,154,000 | 45,329,000 | 67,281,000 | 88,607,000 |
| Interest expense | 12,452,000 | 23,307,000 | 33,701,000 | 44,443,000 |
| Net interest income | 10,702,000 | 22,022,000 | 33,580,000 | 44,164,000 |
| Noninterest income | 4,458,000 | 8,451,000 | 12,397,000 | 16,363,000 |
| Noninterest expense | 10,948,000 | 23,681,000 | 42,151,000 | 52,583,000 |
| Provision for loan losses | 320,000 | 1,089,000 | 2,734,000 | 5,498,000 |
| Pretax income | 3,892,000 | 5,917,000 | 1,612,000 | 3,359,000 |
| Income tax | 1,131,000 | 1,614,000 | 1,111,000 | 476,000 |
| Net income | 2,761,000 | 4,303,000 | 501,000 | 2,883,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 150,706,000 | 152,360,000 | 152,676,000 | 153,810,000 |
| Total capital | 162,770,000 | 164,956,000 | 166,139,000 | 168,514,000 |
| Risk-weighted assets | 1,346,129,000 | 1,372,469,000 | 1,374,604,000 | 1,394,230,000 |