Call reports 2008
PACIFIC RIM BANK — 2008
What PACIFIC RIM 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 | 122,356,000 | 112,711,000 | 127,787,000 | 121,074,000 |
| Total loans | 89,184,000 | 94,791,000 | 96,752,000 | 100,310,000 |
| Allowance for loan losses | 1,090,000 | 1,184,000 | 1,216,000 | 1,820,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,888,000 | 100,341,000 | 115,576,000 | 111,046,000 |
| Interest-bearing deposits | 106,394,000 | 95,883,000 | 110,922,000 | 105,431,000 |
| Noninterest-bearing deposits | 4,494,000 | 4,458,000 | 4,654,000 | 5,615,000 |
| Equity capital | 10,691,000 | 10,786,000 | 11,106,000 | 9,291,000 |
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 | 1,818,000 | 3,456,000 | 5,388,000 | 7,062,000 |
| Interest expense | 801,000 | 1,435,000 | 2,109,000 | 2,816,000 |
| Net interest income | 1,017,000 | 2,021,000 | 3,279,000 | 4,246,000 |
| Noninterest income | 19,000 | 133,000 | 434,000 | 760,000 |
| Noninterest expense | 1,034,000 | 2,031,000 | 3,256,000 | 4,389,000 |
| Provision for loan losses | 0 | 60,000 | 163,000 | 2,367,000 |
| Pretax income | 2,000 | 63,000 | 294,000 | -1,750,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,000 | 63,000 | 294,000 | -1,750,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,691,000 | 10,786,000 | 11,106,000 | 9,291,000 |
| Total capital | 11,762,000 | 11,902,000 | 12,317,000 | 10,513,000 |
| Risk-weighted assets | 85,691,000 | 89,196,000 | 96,908,000 | 97,178,000 |