Call reports 2008
AMERICAN PERSPECTIVE BANK — 2008
What AMERICAN PERSPECTIVE 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 | 100,051,000 | 109,454,000 | 123,517,000 | 158,844,000 |
| Total loans | 39,020,000 | 67,465,000 | 81,560,000 | 116,579,000 |
| Allowance for loan losses | 495,000 | 844,000 | 1,239,000 | 1,646,000 |
| Securities available for sale | 19,675,000 | 22,667,000 | 29,273,000 | 35,009,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,909,000 | 67,569,000 | 81,858,000 | 112,139,000 |
| Interest-bearing deposits | 51,425,000 | 61,150,000 | 71,838,000 | 102,060,000 |
| Noninterest-bearing deposits | 6,484,000 | 6,419,000 | 10,020,000 | 10,079,000 |
| Equity capital | 40,639,000 | 40,381,000 | 40,183,000 | 40,128,000 |
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 | 872,000 | 2,068,000 | 3,605,000 | 5,559,000 |
| Interest expense | 212,000 | 493,000 | 873,000 | 1,429,000 |
| Net interest income | 660,000 | 1,575,000 | 2,732,000 | 4,130,000 |
| Noninterest income | 7,000 | 14,000 | 37,000 | 47,000 |
| Noninterest expense | 861,000 | 1,742,000 | 2,723,000 | 3,793,000 |
| Provision for loan losses | 305,000 | 654,000 | 1,049,000 | 1,542,000 |
| Pretax income | -499,000 | -807,000 | -1,003,000 | -1,154,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | -499,000 | -808,000 | -1,004,000 | -1,155,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,485,000 | 40,237,000 | 40,110,000 | 40,030,000 |
| Total capital | 41,000,000 | 41,129,000 | 41,234,000 | 41,590,000 |
| Risk-weighted assets | 53,249,000 | 76,070,000 | 89,712,000 | 124,625,000 |