Call reports 2008
FIRST FLORIDA INTEGRITY BANK — 2008
What FIRST FLORIDA INTEGRITY 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 | 25,033,000 | 27,635,000 | 35,019,000 | 41,059,000 |
| Total loans | 3,642,000 | 15,133,000 | 22,241,000 | 26,301,000 |
| Allowance for loan losses | 47,000 | 193,000 | 285,000 | 342,000 |
| Securities available for sale | 5,582,000 | 11,112,000 | 11,220,000 | 11,428,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 10,781,000 | 14,126,000 | 21,038,000 | 27,779,000 |
| Interest-bearing deposits | 10,538,000 | 13,834,000 | 20,906,000 | 27,392,000 |
| Noninterest-bearing deposits | 243,000 | 293,000 | 133,000 | 387,000 |
| Equity capital | 14,125,000 | 13,303,000 | 13,280,000 | 13,189,000 |
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 | 176,000 | 462,000 | 866,000 | 1,362,000 |
| Interest expense | 28,000 | 142,000 | 288,000 | 524,000 |
| Net interest income | 148,000 | 320,000 | 578,000 | 838,000 |
| Noninterest income | 1,000 | 6,000 | 13,000 | 23,000 |
| Noninterest expense | 522,000 | 1,038,000 | 1,602,000 | 2,204,000 |
| Provision for loan losses | 47,000 | 193,000 | 285,000 | 342,000 |
| Pretax income | -420,000 | -905,000 | -1,296,000 | -1,667,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -420,000 | -905,000 | -1,296,000 | -1,667,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,101,000 | 13,660,000 | 13,313,000 | 12,985,000 |
| Total capital | 14,148,000 | 13,853,000 | 13,598,000 | 13,327,000 |
| Risk-weighted assets | 8,325,000 | 18,271,000 | 24,374,000 | 28,557,000 |