Call reports 2008
LUMBEE GUARANTY BANK — 2008
What LUMBEE GUARANTY 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 | 222,144,000 | 219,578,000 | 231,118,000 | 236,852,000 |
| Total loans | 137,485,000 | 142,661,000 | 143,031,000 | 147,078,000 |
| Allowance for loan losses | 1,756,000 | 1,763,000 | 1,815,000 | 1,782,000 |
| Securities available for sale | 21,032,000 | 22,528,000 | 32,738,000 | 32,837,000 |
| Securities held to maturity | 25,250,000 | 22,867,000 | 22,863,000 | 23,418,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 177,972,000 | 176,890,000 | 178,037,000 | 180,749,000 |
| Interest-bearing deposits | 138,345,000 | 134,638,000 | 134,637,000 | 138,798,000 |
| Noninterest-bearing deposits | 39,627,000 | 42,252,000 | 43,400,000 | 41,951,000 |
| Equity capital | 25,359,000 | 25,146,000 | 25,971,000 | 26,577,000 |
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 | 3,555,000 | 6,932,000 | 10,426,000 | 13,801,000 |
| Interest expense | 1,365,000 | 2,558,000 | 3,724,000 | 4,855,000 |
| Net interest income | 2,190,000 | 4,374,000 | 6,702,000 | 8,946,000 |
| Noninterest income | 736,000 | 1,494,000 | 2,213,000 | 2,823,000 |
| Noninterest expense | 2,070,000 | 4,174,000 | 6,389,000 | 8,479,000 |
| Provision for loan losses | 140,000 | 243,000 | 383,000 | 510,000 |
| Pretax income | 737,000 | 1,472,000 | 2,164,000 | 2,801,000 |
| Income tax | 178,000 | 352,000 | 518,000 | 659,000 |
| Net income | 559,000 | 1,120,000 | 1,646,000 | 2,142,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,076,000 | 25,445,000 | 25,984,000 | 26,152,000 |
| Total capital | 26,832,000 | 27,208,000 | 27,799,000 | 27,934,000 |
| Risk-weighted assets | 148,291,000 | 150,818,000 | 153,933,000 | 156,575,000 |