Call reports 2008
SMARTBIZ BANK, N.A. — 2008
What SMARTBIZ BANK, N.A. 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 | 111,378,000 | 115,522,000 | 126,321,000 | 130,077,000 |
| Total loans | 87,209,000 | 102,802,000 | 106,760,000 | 110,192,000 |
| Allowance for loan losses | 1,307,000 | 1,547,000 | 1,803,000 | 2,405,000 |
| Securities available for sale | 1,006,000 | 993,000 | 1,994,000 | 4,534,000 |
| Securities held to maturity | 4,000,000 | 2,500,000 | 2,500,000 | 2,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 92,267,000 | 93,012,000 | 105,733,000 | 108,488,000 |
| Interest-bearing deposits | 87,183,000 | 88,850,000 | 100,293,000 | 104,024,000 |
| Noninterest-bearing deposits | 5,084,000 | 4,161,000 | 5,440,000 | 4,464,000 |
| Equity capital | 17,922,000 | 17,545,000 | 16,963,000 | 15,135,000 |
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 | 1,611,000 | 3,103,000 | 4,718,000 | 6,136,000 |
| Interest expense | 900,000 | 1,799,000 | 2,776,000 | 3,808,000 |
| Net interest income | 711,000 | 1,304,000 | 1,942,000 | 2,328,000 |
| Noninterest income | 70,000 | 143,000 | 208,000 | 316,000 |
| Noninterest expense | 777,000 | 1,597,000 | 2,674,000 | 3,575,000 |
| Provision for loan losses | 107,000 | 347,000 | 603,000 | 2,058,000 |
| Pretax income | -103,000 | -487,000 | -1,117,000 | -2,979,000 |
| Income tax | 0 | 0 | 0 | 32,000 |
| Net income | -103,000 | -487,000 | -1,117,000 | -3,011,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,916,000 | 17,552,000 | 16,969,000 | 15,101,000 |
| Total capital | 19,056,000 | 18,856,000 | 18,343,000 | 16,531,000 |
| Risk-weighted assets | 91,175,000 | 104,065,000 | 109,510,000 | 113,452,000 |