Call reports 2008
SUNBANK, NATIONAL ASSOCIATION — 2008
What SUNBANK, NATIONAL ASSOCIATION 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 | 48,302,000 | 65,850,000 | 72,749,000 | 106,434,000 |
| Total loans | 36,320,000 | 56,262,000 | 56,982,000 | 55,559,000 |
| Allowance for loan losses | 360,000 | 920,000 | 911,000 | 1,221,000 |
| Securities available for sale | 2,071,000 | 2,039,000 | 2,036,000 | 7,140,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,064,000 | 31,230,000 | 58,363,000 | 93,044,000 |
| Interest-bearing deposits | 30,632,000 | 28,261,000 | 54,444,000 | 88,400,000 |
| Noninterest-bearing deposits | 2,432,000 | 2,969,000 | 3,919,000 | 4,644,000 |
| Equity capital | 14,792,000 | 14,033,000 | 13,637,000 | 12,330,000 |
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 | 660,000 | 1,411,000 | 2,336,000 | 3,316,000 |
| Interest expense | 347,000 | 678,000 | 1,106,000 | 1,819,000 |
| Net interest income | 313,000 | 733,000 | 1,230,000 | 1,497,000 |
| Noninterest income | 394,000 | 982,000 | 1,775,000 | 2,685,000 |
| Noninterest expense | 1,250,000 | 2,802,000 | 4,578,000 | 6,323,000 |
| Provision for loan losses | 143,000 | 826,000 | 991,000 | 2,666,000 |
| Pretax income | -686,000 | -1,913,000 | -2,564,000 | -4,807,000 |
| Income tax | -267,000 | -755,000 | -1,012,000 | -1,893,000 |
| Net income | -419,000 | -1,158,000 | -1,552,000 | -2,914,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,747,000 | 14,008,000 | 13,614,000 | 12,252,000 |
| Total capital | 15,114,000 | 14,794,000 | 14,420,000 | 13,041,000 |
| Risk-weighted assets | 42,566,000 | 62,747,000 | 64,399,000 | 62,650,000 |