Call reports 2008
1ST CENTURY BANK, NATIONAL ASSOCIATION — 2008
What 1ST CENTURY BANK, NATIONAL ASSOCIATION 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 | 258,655,000 | 252,375,000 | 254,877,000 | 259,194,000 |
| Total loans | 176,953,000 | 192,827,000 | 195,870,000 | 199,957,000 |
| Allowance for loan losses | 2,385,000 | 2,639,000 | 2,921,000 | 5,172,000 |
| Securities available for sale | 41,218,000 | 41,772,000 | 44,412,000 | 46,567,000 |
| Securities held to maturity | 4,923,000 | 4,704,000 | 4,448,000 | 4,266,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 192,936,000 | 167,378,000 | 164,196,000 | 158,186,000 |
| Interest-bearing deposits | 131,818,000 | 125,180,000 | 123,974,000 | 114,000,000 |
| Noninterest-bearing deposits | 61,118,000 | 42,198,000 | 40,222,000 | 44,186,000 |
| Equity capital | 59,317,000 | 59,174,000 | 58,370,000 | 52,997,000 |
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 | 3,631,000 | 7,145,000 | 10,647,000 | 13,999,000 |
| Interest expense | 905,000 | 1,523,000 | 2,208,000 | 2,821,000 |
| Net interest income | 2,726,000 | 5,622,000 | 8,439,000 | 11,178,000 |
| Noninterest income | 116,000 | 171,000 | 308,000 | 560,000 |
| Noninterest expense | 2,327,000 | 4,571,000 | 6,982,000 | 9,566,000 |
| Provision for loan losses | 165,000 | 431,000 | 712,000 | 4,342,000 |
| Pretax income | 350,000 | 791,000 | 1,074,000 | -2,149,000 |
| Income tax | 144,000 | 339,000 | 434,000 | -922,000 |
| Net income | 206,000 | 452,000 | 640,000 | -1,227,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,993,000 | 58,014,000 | 57,548,000 | 50,572,000 |
| Total capital | 60,575,000 | 60,847,000 | 60,525,000 | 53,562,000 |
| Risk-weighted assets | 211,835,000 | 244,881,000 | 237,998,000 | 236,847,000 |