Call reports 2008
MISSION BANK — 2008
What MISSION 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 | 76,625,000 | 75,716,000 | 77,213,000 | 78,643,000 |
| Total loans | 61,733,000 | 64,965,000 | 68,494,000 | 70,147,000 |
| Allowance for loan losses | 687,000 | 727,000 | 777,000 | 740,000 |
| Securities available for sale | 5,330,000 | 2,814,000 | 2,560,000 | 2,549,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,580,000 | 68,516,000 | 67,374,000 | 63,766,000 |
| Interest-bearing deposits | 56,429,000 | 55,612,000 | 54,211,000 | 51,732,000 |
| Noninterest-bearing deposits | 13,150,000 | 12,904,000 | 13,163,000 | 12,034,000 |
| Equity capital | 6,573,000 | 6,715,000 | 7,113,000 | 7,508,000 |
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 | 1,238,000 | 2,441,000 | 3,661,000 | 4,856,000 |
| Interest expense | 509,000 | 948,000 | 1,374,000 | 1,786,000 |
| Net interest income | 729,000 | 1,493,000 | 2,287,000 | 3,070,000 |
| Noninterest income | 136,000 | 288,000 | 410,000 | 511,000 |
| Noninterest expense | 785,000 | 1,564,000 | 2,420,000 | 3,263,000 |
| Provision for loan losses | 20,000 | 60,000 | 110,000 | 128,000 |
| Pretax income | 60,000 | 172,000 | 182,000 | 205,000 |
| Income tax | 14,000 | 51,000 | 44,000 | 56,000 |
| Net income | 46,000 | 121,000 | 138,000 | 149,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,503,000 | 6,718,000 | 7,134,000 | 7,515,000 |
| Total capital | 7,203,000 | 7,458,000 | 7,924,000 | 8,323,000 |
| Risk-weighted assets | 70,312,000 | 73,367,000 | 76,263,000 | 77,306,000 |