Call reports 2008
FIRST RESOURCE BANK — 2008
What FIRST RESOURCE 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 | 104,201,000 | 106,752,000 | 103,150,000 | 100,785,000 |
| Total loans | 87,929,000 | 90,170,000 | 92,917,000 | 94,825,000 |
| Allowance for loan losses | 951,000 | 969,000 | 1,019,000 | 1,128,000 |
| Securities available for sale | 13,022,000 | 12,978,000 | 7,467,000 | 3,962,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,965,000 | 78,108,000 | 83,050,000 | 80,167,000 |
| Interest-bearing deposits | 76,051,000 | 74,294,000 | 79,586,000 | 77,177,000 |
| Noninterest-bearing deposits | 3,914,000 | 3,814,000 | 3,464,000 | 2,990,000 |
| Equity capital | 9,125,000 | 9,145,000 | 9,465,000 | 9,205,000 |
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 | 1,578,000 | 3,119,000 | 4,711,000 | 6,144,000 |
| Interest expense | 853,000 | 1,673,000 | 2,487,000 | 3,283,000 |
| Net interest income | 725,000 | 1,446,000 | 2,224,000 | 2,861,000 |
| Noninterest income | 28,000 | 63,000 | 85,000 | 39,000 |
| Noninterest expense | 681,000 | 1,362,000 | 2,095,000 | 2,831,000 |
| Provision for loan losses | 166,000 | 204,000 | 254,000 | 490,000 |
| Pretax income | -94,000 | -57,000 | -40,000 | -421,000 |
| Income tax | -31,000 | -18,000 | -11,000 | -139,000 |
| Net income | -63,000 | -39,000 | -29,000 | -282,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,609,000 | 8,606,000 | 8,935,000 | 8,549,000 |
| Total capital | 9,560,000 | 9,575,000 | 9,954,000 | 9,677,000 |
| Risk-weighted assets | 87,771,000 | 89,362,000 | 89,904,000 | 91,779,000 |