Call reports 2008
QUOIN FINANCIAL BANK — 2008
What QUOIN FINANCIAL 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 | 113,629,000 | 118,320,000 | 120,579,000 | 127,638,000 |
| Total loans | 73,166,000 | 75,701,000 | 82,541,000 | 90,162,000 |
| Allowance for loan losses | 1,556,000 | 1,361,000 | 1,360,000 | 1,455,000 |
| Securities available for sale | 30,481,000 | 29,302,000 | 25,320,000 | 24,891,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,787,000 | 101,283,000 | 105,622,000 | 109,042,000 |
| Interest-bearing deposits | 86,835,000 | 85,257,000 | 88,374,000 | 91,871,000 |
| Noninterest-bearing deposits | 14,952,000 | 16,026,000 | 17,248,000 | 17,171,000 |
| Equity capital | 10,329,000 | 10,173,000 | 9,485,000 | 9,481,000 |
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 | 1,853,000 | 3,473,000 | 5,250,000 | 7,047,000 |
| Interest expense | 762,000 | 1,476,000 | 2,141,000 | 2,791,000 |
| Net interest income | 1,091,000 | 1,997,000 | 3,109,000 | 4,256,000 |
| Noninterest income | 119,000 | 183,000 | 300,000 | 282,000 |
| Noninterest expense | 840,000 | 1,736,000 | 3,286,000 | 4,221,000 |
| Provision for loan losses | 800,000 | 2,050,000 | 2,200,000 | 2,300,000 |
| Pretax income | -394,000 | -1,570,000 | -2,042,000 | -1,948,000 |
| Income tax | 728,000 | 748,000 | 746,000 | 740,000 |
| Net income | -1,122,000 | -2,318,000 | -2,788,000 | -2,688,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,308,000 | 10,612,000 | 10,141,000 | 10,142,000 |
| Total capital | 11,433,000 | 11,800,000 | 11,371,000 | 11,450,000 |
| Risk-weighted assets | 89,590,000 | 94,872,000 | 98,301,000 | 104,474,000 |