Call reports 2008
CELTIC BANK CORPORATION — 2008
What CELTIC BANK CORPORATION 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 | 145,770,000 | 150,194,000 | 152,097,000 | 156,634,000 |
| Total loans | 133,693,000 | 139,490,000 | 140,873,000 | 143,420,000 |
| Allowance for loan losses | 1,701,000 | 1,366,000 | 1,741,000 | 1,792,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 70,000 | 70,000 | 65,000 | 4,041,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 119,979,000 | 128,100,000 | 135,993,000 | 127,521,000 |
| Interest-bearing deposits | 119,979,000 | 0 | 135,993,000 | 127,521,000 |
| Noninterest-bearing deposits | 0 | 128,100,000 | 0 | 0 |
| Equity capital | 14,160,000 | 14,325,000 | 14,423,000 | 14,390,000 |
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 | 3,486,000 | 6,669,000 | 10,202,000 | 13,377,000 |
| Interest expense | 1,548,000 | 3,059,000 | 4,581,000 | 6,117,000 |
| Net interest income | 1,938,000 | 3,610,000 | 5,621,000 | 7,260,000 |
| Noninterest income | 920,000 | 1,273,000 | 1,844,000 | 2,163,000 |
| Noninterest expense | 1,547,000 | 3,049,000 | 4,611,000 | 5,923,000 |
| Provision for loan losses | 150,000 | 350,000 | 1,025,000 | 1,500,000 |
| Pretax income | 1,161,000 | 1,484,000 | 1,829,000 | 2,000,000 |
| Income tax | 435,000 | 557,000 | 686,000 | 750,000 |
| Net income | 726,000 | 927,000 | 1,143,000 | 1,250,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,160,000 | 14,325,000 | 14,423,000 | 14,390,000 |
| Total capital | 15,861,000 | 15,691,000 | 16,164,000 | 15,996,000 |
| Risk-weighted assets | 136,727,000 | 140,432,000 | 141,104,000 | 128,297,000 |