Call reports 2008
TORREY PINES BANK — 2008
What TORREY PINES 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 | 703,669,000 | 775,562,000 | 814,911,000 | 859,886,000 |
| Total loans | 555,037,000 | 622,693,000 | 656,798,000 | 708,048,000 |
| Allowance for loan losses | 5,829,000 | 7,317,000 | 7,578,000 | 10,995,000 |
| Securities available for sale | 54,790,000 | 43,567,000 | 40,403,000 | 39,209,000 |
| Securities held to maturity | 0 | 10,042,000 | 10,035,000 | 199,000 |
| Trading assets | 35,119,000 | 29,754,000 | 25,679,000 | 22,742,000 |
| Total deposits | 452,348,000 | 539,898,000 | 583,298,000 | 707,373,000 |
| Interest-bearing deposits | 326,556,000 | 419,883,000 | 439,932,000 | 500,287,000 |
| Noninterest-bearing deposits | 125,792,000 | 120,015,000 | 143,366,000 | 207,085,000 |
| Equity capital | 44,181,000 | 47,006,000 | 54,346,000 | 57,947,000 |
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 | 11,437,000 | 22,612,000 | 34,987,000 | 47,592,000 |
| Interest expense | 3,814,000 | 6,642,000 | 9,715,000 | 12,552,000 |
| Net interest income | 7,623,000 | 15,970,000 | 25,272,000 | 35,040,000 |
| Noninterest income | 469,000 | 802,000 | -1,176,000 | -2,348,000 |
| Noninterest expense | 6,962,000 | 14,819,000 | 24,489,000 | 34,510,000 |
| Provision for loan losses | 722,000 | 2,310,000 | 3,745,000 | 7,453,000 |
| Pretax income | 408,000 | -357,000 | -4,138,000 | -24,987,000 |
| Income tax | 171,000 | -140,000 | -1,731,000 | -10,011,000 |
| Net income | 237,000 | -217,000 | -2,407,000 | -14,976,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,354,000 | 50,373,000 | 58,523,000 | 57,210,000 |
| Total capital | 73,230,000 | 77,727,000 | 86,139,000 | 87,355,000 |
| Risk-weighted assets | 679,534,000 | 737,784,000 | 773,777,000 | 809,956,000 |