Call reports 2008
NEW TRADITIONS NATIONAL BANK — 2008
What NEW TRADITIONS NATIONAL BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q3 | 2008Q4 |
|---|---|---|
| Total assets | 64,550,000 | 115,282,000 |
| Total loans | 10,765,000 | 29,994,000 |
| Allowance for loan losses | 161,000 | 464,000 |
| Securities available for sale | 0 | 0 |
| Securities held to maturity | 0 | 10,413,000 |
| Trading assets | 0 | 0 |
| Total deposits | 45,300,000 | 96,186,000 |
| Interest-bearing deposits | 41,182,000 | 80,490,000 |
| Noninterest-bearing deposits | 4,118,000 | 15,696,000 |
| Equity capital | 19,144,000 | 18,906,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q3 | 2008Q4 |
|---|---|---|
| Interest income | 205,000 | 866,000 |
| Interest expense | 74,000 | 446,000 |
| Net interest income | 131,000 | 420,000 |
| Noninterest income | 0 | 4,000 |
| Noninterest expense | 955,000 | 1,701,000 |
| Provision for loan losses | 161,000 | 464,000 |
| Pretax income | -985,000 | -1,741,000 |
| Income tax | -129,000 | -647,000 |
| Net income | -856,000 | -1,094,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q3 | 2008Q4 |
|---|---|---|
| Tier 1 capital | 19,144,000 | 18,906,000 |
| Total capital | 19,305,000 | 19,370,000 |
| Risk-weighted assets | 22,199,000 | 47,984,000 |