Call reports 2008
BANK OF NEW JERSEY — 2008
What BANK OF NEW JERSEY 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 | 275,450,000 | 258,304,000 | 271,070,000 | 304,104,000 |
| Total loans | 201,883,000 | 207,016,000 | 220,762,000 | 234,936,000 |
| Allowance for loan losses | 2,070,000 | 2,137,000 | 2,225,000 | 2,371,000 |
| Securities available for sale | 13,095,000 | 23,780,000 | 16,936,000 | 17,731,000 |
| Securities held to maturity | 1,999,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 227,815,000 | 210,577,000 | 222,537,000 | 254,005,000 |
| Interest-bearing deposits | 203,803,000 | 183,914,000 | 197,259,000 | 225,819,000 |
| Noninterest-bearing deposits | 24,012,000 | 26,663,000 | 25,278,000 | 28,187,000 |
| Equity capital | 46,200,000 | 46,547,000 | 47,498,000 | 47,864,000 |
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 | 3,728,000 | 7,259,000 | 10,799,000 | 14,454,000 |
| Interest expense | 2,214,000 | 4,077,000 | 5,765,000 | 7,543,000 |
| Net interest income | 1,514,000 | 3,182,000 | 5,034,000 | 6,911,000 |
| Noninterest income | 64,000 | 145,000 | 202,000 | 235,000 |
| Noninterest expense | 1,376,000 | 2,879,000 | 4,285,000 | 5,742,000 |
| Provision for loan losses | 158,000 | 225,000 | 313,000 | 459,000 |
| Pretax income | 44,000 | 223,000 | 640,000 | 947,000 |
| Income tax | 32,000 | 109,000 | 287,000 | 420,000 |
| Net income | 12,000 | 114,000 | 353,000 | 527,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,139,000 | 46,677,000 | 47,536,000 | 47,811,000 |
| Total capital | 48,209,000 | 48,814,000 | 49,761,000 | 50,182,000 |
| Risk-weighted assets | 201,129,000 | 201,418,000 | 215,544,000 | 226,001,000 |