Call reports 2008
FIRSTBANK OF TECH CENTER — 2008
What FIRSTBANK OF TECH CENTER 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 | 451,642,000 | 447,502,000 | 447,242,000 | 425,786,000 |
| Total loans | 198,184,000 | 193,138,000 | 198,840,000 | 195,341,000 |
| Allowance for loan losses | 2,398,000 | 2,807,000 | 2,937,000 | 3,166,000 |
| Securities available for sale | 136,873,000 | 132,636,000 | 124,868,000 | 120,788,000 |
| Securities held to maturity | 91,446,000 | 90,199,000 | 88,807,000 | 87,676,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 392,528,000 | 384,060,000 | 383,109,000 | 389,505,000 |
| Interest-bearing deposits | 318,393,000 | 310,590,000 | 320,770,000 | 330,454,000 |
| Noninterest-bearing deposits | 74,135,000 | 73,470,000 | 62,338,000 | 59,051,000 |
| Equity capital | 30,175,000 | 30,118,000 | 32,350,000 | 33,705,000 |
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 | 6,351,000 | 12,566,000 | 18,667,000 | 24,731,000 |
| Interest expense | 2,638,000 | 4,516,000 | 6,341,000 | 8,048,000 |
| Net interest income | 3,713,000 | 8,050,000 | 12,326,000 | 16,683,000 |
| Noninterest income | 742,000 | 1,510,000 | 2,312,000 | 3,090,000 |
| Noninterest expense | 1,840,000 | 3,799,000 | 5,621,000 | 7,393,000 |
| Provision for loan losses | 244,000 | 646,000 | 790,000 | 1,781,000 |
| Pretax income | 2,371,000 | 5,115,000 | 7,623,000 | 10,022,000 |
| Income tax | 674,000 | 1,490,000 | 2,231,000 | 2,927,000 |
| Net income | 1,697,000 | 3,625,000 | 5,392,000 | 7,095,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,862,000 | 28,732,000 | 30,557,000 | 32,261,000 |
| Total capital | 30,337,000 | 31,592,000 | 33,467,000 | 35,129,000 |
| Risk-weighted assets | 237,523,000 | 228,814,000 | 232,700,000 | 229,061,000 |