Call reports 2008
BANK OF THE EASTERN SHORE — 2008
What BANK OF THE EASTERN SHORE 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 | 228,598,000 | 229,932,000 | 227,551,000 | 232,642,000 |
| Total loans | 178,338,000 | 177,913,000 | 178,683,000 | 181,914,000 |
| Allowance for loan losses | 1,340,000 | 1,342,000 | 1,363,000 | 1,805,000 |
| Securities available for sale | 22,604,000 | 25,709,000 | 22,837,000 | 22,544,000 |
| Securities held to maturity | 100,000 | 3,168,000 | 3,092,000 | 3,037,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 182,032,000 | 182,882,000 | 179,629,000 | 184,402,000 |
| Interest-bearing deposits | 168,502,000 | 168,390,000 | 166,657,000 | 171,126,000 |
| Noninterest-bearing deposits | 13,530,000 | 14,492,000 | 12,972,000 | 13,276,000 |
| Equity capital | 23,071,000 | 23,420,000 | 24,014,000 | 24,221,000 |
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 | 3,724,000 | 7,405,000 | 11,144,000 | 14,692,000 |
| Interest expense | 1,903,000 | 3,840,000 | 5,718,000 | 7,594,000 |
| Net interest income | 1,821,000 | 3,565,000 | 5,426,000 | 7,098,000 |
| Noninterest income | 196,000 | 347,000 | 570,000 | 617,000 |
| Noninterest expense | 1,242,000 | 2,293,000 | 3,425,000 | 5,471,000 |
| Provision for loan losses | 0 | 0 | 40,000 | 717,000 |
| Pretax income | 775,000 | 1,619,000 | 2,531,000 | 1,527,000 |
| Income tax | 300,000 | 600,000 | 900,000 | 370,000 |
| Net income | 475,000 | 1,019,000 | 1,631,000 | 1,157,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,665,000 | 23,317,000 | 23,929,000 | 24,024,000 |
| Total capital | 24,005,000 | 24,659,000 | 25,292,000 | 25,829,000 |
| Risk-weighted assets | 172,569,000 | 173,768,000 | 175,475,000 | 178,631,000 |