Call reports 2008
HARBOR NATIONAL BANK — 2008
What HARBOR NATIONAL 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 | 149,097,000 | 157,006,000 | 185,263,000 | 195,615,000 |
| Total loans | 125,423,000 | 147,726,000 | 169,171,000 | 179,919,000 |
| Allowance for loan losses | 1,757,000 | 1,922,000 | 2,103,000 | 2,437,000 |
| Securities available for sale | 8,143,000 | 7,877,000 | 7,897,000 | 8,906,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 120,989,000 | 127,129,000 | 151,932,000 | 151,606,000 |
| Interest-bearing deposits | 116,102,000 | 122,342,000 | 145,660,000 | 144,647,000 |
| Noninterest-bearing deposits | 4,887,000 | 4,787,000 | 6,272,000 | 6,959,000 |
| Equity capital | 27,103,000 | 27,027,000 | 27,182,000 | 27,314,000 |
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 | 2,315,000 | 4,603,000 | 7,172,000 | 9,841,000 |
| Interest expense | 1,114,000 | 2,210,000 | 3,450,000 | 4,827,000 |
| Net interest income | 1,201,000 | 2,393,000 | 3,722,000 | 5,014,000 |
| Noninterest income | 38,000 | 80,000 | 126,000 | 186,000 |
| Noninterest expense | 924,000 | 1,940,000 | 2,968,000 | 4,033,000 |
| Provision for loan losses | 222,000 | 387,000 | 568,000 | 909,000 |
| Pretax income | 93,000 | 146,000 | 312,000 | 258,000 |
| Income tax | 32,000 | 50,000 | 107,000 | 4,000 |
| Net income | 61,000 | 96,000 | 205,000 | 254,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,640,000 | 26,601,000 | 26,734,000 | 26,773,000 |
| Total capital | 28,315,000 | 28,520,000 | 28,837,000 | 29,055,000 |
| Risk-weighted assets | 133,938,000 | 153,541,000 | 170,242,000 | 182,384,000 |