Call reports 2008
VISIONBANK — 2008
What VISIONBANK 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 | 26,530,000 | 27,195,000 | 31,680,000 | 35,596,000 |
| Total loans | 23,509,000 | 26,500,000 | 28,868,000 | 29,485,000 |
| Allowance for loan losses | 452,000 | 463,000 | 414,000 | 510,000 |
| Securities available for sale | 1,359,000 | 690,000 | 686,000 | 683,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,693,000 | 21,619,000 | 26,001,000 | 30,754,000 |
| Interest-bearing deposits | 20,250,000 | 19,365,000 | 24,164,000 | 29,032,000 |
| Noninterest-bearing deposits | 1,443,000 | 2,254,000 | 1,837,000 | 1,722,000 |
| Equity capital | 4,773,000 | 4,931,000 | 4,954,000 | 4,787,000 |
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 | 463,000 | 784,000 | 1,182,000 | 1,618,000 |
| Interest expense | 228,000 | 427,000 | 629,000 | 856,000 |
| Net interest income | 235,000 | 357,000 | 553,000 | 762,000 |
| Noninterest income | 11,000 | 25,000 | 38,000 | 57,000 |
| Noninterest expense | 372,000 | 795,000 | 1,052,000 | 1,372,000 |
| Provision for loan losses | 155,000 | 229,000 | 180,000 | 275,000 |
| Pretax income | -281,000 | -642,000 | -641,000 | -828,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -281,000 | -642,000 | -641,000 | -828,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,754,000 | 4,943,000 | 4,944,000 | 4,757,000 |
| Total capital | 5,048,000 | 5,274,000 | 5,305,000 | 5,126,000 |
| Risk-weighted assets | 23,929,000 | 26,511,000 | 31,087,000 | 33,707,000 |