Call reports 2008
SHORE BANK — 2008
What SHORE 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 | 266,104,000 | 290,272,000 | 314,237,000 | 318,479,000 |
| Total loans | 221,593,000 | 223,856,000 | 247,888,000 | 252,066,000 |
| Allowance for loan losses | 2,690,000 | 2,934,000 | 2,831,000 | 2,726,000 |
| Securities available for sale | 15,807,000 | 13,498,000 | 11,375,000 | 11,555,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 205,418,000 | 207,084,000 | 202,746,000 | 195,358,000 |
| Interest-bearing deposits | 175,073,000 | 177,958,000 | 170,061,000 | 167,306,000 |
| Noninterest-bearing deposits | 30,345,000 | 29,126,000 | 32,685,000 | 28,052,000 |
| Equity capital | 24,212,000 | 51,156,000 | 51,479,000 | 52,285,000 |
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 | 4,107,000 | 1,270,000 | 5,183,000 | 9,343,000 |
| Interest expense | 1,772,000 | 418,000 | 1,749,000 | 3,097,000 |
| Net interest income | 2,335,000 | 852,000 | 3,434,000 | 6,246,000 |
| Noninterest income | 769,000 | 283,000 | 1,084,000 | 2,102,000 |
| Noninterest expense | 2,145,000 | 828,000 | 3,032,000 | 5,162,000 |
| Provision for loan losses | 5,000 | 4,000 | 14,000 | 38,000 |
| Pretax income | 954,000 | 303,000 | 1,338,000 | 3,014,000 |
| Income tax | 287,000 | 103,000 | 408,000 | 957,000 |
| Net income | 667,000 | 200,000 | 930,000 | 2,057,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,652,000 | 20,398,000 | 24,005,000 | 24,483,000 |
| Total capital | 26,005,000 | 22,762,000 | 26,651,000 | 27,164,000 |
| Risk-weighted assets | 187,913,000 | 188,552,000 | 211,531,000 | 214,452,000 |