Call reports 2008
PAN PACIFIC BANK — 2008
What PAN PACIFIC 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 | 65,618,000 | 68,695,000 | 75,789,000 | 83,186,000 |
| Total loans | 55,376,000 | 59,670,000 | 67,641,000 | 76,333,000 |
| Allowance for loan losses | 700,000 | 790,000 | 895,000 | 1,048,000 |
| Securities available for sale | 6,474,000 | 5,971,000 | 5,203,000 | 4,950,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,662,000 | 51,434,000 | 59,178,000 | 55,305,000 |
| Interest-bearing deposits | 42,981,000 | 39,426,000 | 49,151,000 | 45,305,000 |
| Noninterest-bearing deposits | 10,681,000 | 12,008,000 | 10,028,000 | 10,000,000 |
| Equity capital | 11,649,000 | 11,493,000 | 11,546,000 | 11,624,000 |
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 | 1,042,000 | 2,023,000 | 3,166,000 | 4,262,000 |
| Interest expense | 337,000 | 555,000 | 828,000 | 1,068,000 |
| Net interest income | 705,000 | 1,468,000 | 2,338,000 | 3,194,000 |
| Noninterest income | 16,000 | 38,000 | 63,000 | 90,000 |
| Noninterest expense | 797,000 | 1,581,000 | 2,369,000 | 3,085,000 |
| Provision for loan losses | 92,000 | 182,000 | 287,000 | 440,000 |
| Pretax income | -168,000 | -257,000 | -255,000 | -241,000 |
| Income tax | 1,000 | 0 | 1,000 | 1,000 |
| Net income | -169,000 | -257,000 | -256,000 | -242,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,542,000 | 11,491,000 | 11,529,000 | 11,581,000 |
| Total capital | 12,242,000 | 12,281,000 | 12,424,000 | 12,629,000 |
| Risk-weighted assets | 57,783,000 | 67,652,000 | 75,282,000 | 83,148,000 |