Call reports 2008
ACCESS BANK — 2008
What ACCESS 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 | 21,864,000 | 32,497,000 | 40,100,000 | 47,831,000 |
| Total loans | 10,081,000 | 24,620,000 | 27,112,000 | 37,329,000 |
| Allowance for loan losses | 60,000 | 161,000 | 223,000 | 360,000 |
| Securities available for sale | 1,993,000 | 2,639,000 | 6,847,000 | 7,459,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 7,626,000 | 18,432,000 | 26,088,000 | 33,305,000 |
| Interest-bearing deposits | 7,310,000 | 17,438,000 | 24,845,000 | 30,846,000 |
| Noninterest-bearing deposits | 316,000 | 994,000 | 1,243,000 | 2,459,000 |
| Equity capital | 14,158,000 | 13,918,000 | 13,836,000 | 13,244,000 |
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 | 186,000 | 491,000 | 947,000 | 1,477,000 |
| Interest expense | 29,000 | 121,000 | 292,000 | 484,000 |
| Net interest income | 157,000 | 370,000 | 655,000 | 993,000 |
| Noninterest income | 1,000 | 6,000 | 14,000 | 22,000 |
| Noninterest expense | 482,000 | 944,000 | 1,433,000 | 1,911,000 |
| Provision for loan losses | 60,000 | 161,000 | 223,000 | 360,000 |
| Pretax income | -384,000 | -729,000 | -987,000 | -1,249,000 |
| Income tax | -109,000 | -249,000 | -334,000 | 136,000 |
| Net income | -275,000 | -480,000 | -653,000 | -1,385,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,135,000 | 13,937,000 | 13,613,000 | 13,053,000 |
| Total capital | 14,195,000 | 14,098,000 | 13,836,000 | 13,413,000 |
| Risk-weighted assets | 14,186,000 | 28,089,000 | 31,294,000 | 40,555,000 |