Call reports 2008
LIBERTYPOINTE BANK — 2008
What LIBERTYPOINTE 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 | 242,867,000 | 270,551,000 | 266,363,000 | 253,608,000 |
| Total loans | 190,699,000 | 189,448,000 | 199,090,000 | 198,738,000 |
| Allowance for loan losses | 2,415,000 | 2,895,000 | 3,757,000 | 5,818,000 |
| Securities available for sale | 14,404,000 | 39,119,000 | 40,351,000 | 34,589,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 219,157,000 | 244,904,000 | 241,667,000 | 235,550,000 |
| Interest-bearing deposits | 199,675,000 | 220,376,000 | 217,873,000 | 203,936,000 |
| Noninterest-bearing deposits | 19,482,000 | 24,528,000 | 23,794,000 | 31,613,000 |
| Equity capital | 21,094,000 | 24,054,000 | 22,359,000 | 15,673,000 |
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 | 3,894,000 | 7,848,000 | 12,054,000 | 15,876,000 |
| Interest expense | 2,217,000 | 4,584,000 | 6,928,000 | 9,050,000 |
| Net interest income | 1,677,000 | 3,264,000 | 5,126,000 | 6,826,000 |
| Noninterest income | 8,000 | 197,000 | 243,000 | 321,000 |
| Noninterest expense | 2,253,000 | 4,707,000 | 6,878,000 | 9,270,000 |
| Provision for loan losses | 450,000 | 1,375,000 | 2,315,000 | 6,876,000 |
| Pretax income | -1,018,000 | -2,621,000 | -3,824,000 | -11,525,000 |
| Income tax | 29,000 | 60,000 | 91,000 | 121,000 |
| Net income | -1,047,000 | -2,681,000 | -3,915,000 | -11,646,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,033,000 | 24,349,000 | 23,241,000 | 15,510,000 |
| Total capital | 23,279,000 | 26,788,000 | 25,773,000 | 17,931,000 |
| Risk-weighted assets | 179,537,000 | 194,638,000 | 201,315,000 | 190,270,000 |