Call reports 2008
COMMUNITY FIRST BANK INC. — 2008
What COMMUNITY FIRST BANK INC. 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 | 424,880,000 | 425,507,000 | 438,641,000 | 469,580,000 |
| Total loans | 251,891,000 | 256,818,000 | 267,075,000 | 270,413,000 |
| Allowance for loan losses | 2,598,000 | 2,748,000 | 3,503,000 | 5,475,000 |
| Securities available for sale | 107,635,000 | 110,729,000 | 110,524,000 | 126,635,000 |
| Securities held to maturity | 5,446,000 | 12,690,000 | 12,307,000 | 11,910,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 377,853,000 | 373,477,000 | 385,941,000 | 418,157,000 |
| Interest-bearing deposits | 335,492,000 | 328,646,000 | 341,793,000 | 375,062,000 |
| Noninterest-bearing deposits | 42,361,000 | 44,831,000 | 44,148,000 | 43,095,000 |
| Equity capital | 37,867,000 | 37,352,000 | 38,846,000 | 37,973,000 |
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 | 6,355,000 | 12,393,000 | 18,628,000 | 24,552,000 |
| Interest expense | 3,595,000 | 6,748,000 | 9,762,000 | 12,861,000 |
| Net interest income | 2,760,000 | 5,645,000 | 8,866,000 | 11,691,000 |
| Noninterest income | 609,000 | 1,236,000 | 1,869,000 | 2,499,000 |
| Noninterest expense | 1,849,000 | 3,819,000 | 5,748,000 | 7,970,000 |
| Provision for loan losses | 130,000 | 410,000 | 1,375,000 | 4,550,000 |
| Pretax income | 1,390,000 | 2,652,000 | 3,612,000 | 1,667,000 |
| Income tax | 400,000 | 785,000 | 1,037,000 | 277,000 |
| Net income | 990,000 | 1,867,000 | 2,575,000 | 1,390,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,180,000 | 38,056,000 | 38,765,000 | 37,646,000 |
| Total capital | 39,778,000 | 40,804,000 | 42,268,000 | 41,513,000 |
| Risk-weighted assets | 283,441,000 | 288,118,000 | 295,212,000 | 307,773,000 |