Call reports 2008
GREAT EASTERN BANK OF FLORIDA — 2008
What GREAT EASTERN BANK OF FLORIDA 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 | 90,740,000 | 87,394,000 | 86,011,000 | 82,126,000 |
| Total loans | 68,908,000 | 71,875,000 | 70,224,000 | 63,686,000 |
| Allowance for loan losses | 827,000 | 1,122,000 | 1,225,000 | 1,426,000 |
| Securities available for sale | 10,513,000 | 10,399,000 | 10,464,000 | 11,229,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,675,000 | 75,400,000 | 72,702,000 | 69,632,000 |
| Interest-bearing deposits | 64,346,000 | 63,323,000 | 62,001,000 | 61,119,000 |
| Noninterest-bearing deposits | 16,329,000 | 12,077,000 | 10,701,000 | 8,513,000 |
| Equity capital | 8,972,000 | 11,278,000 | 11,303,000 | 11,056,000 |
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 | 1,361,000 | 2,511,000 | 3,899,000 | 5,239,000 |
| Interest expense | 686,000 | 1,274,000 | 1,850,000 | 2,452,000 |
| Net interest income | 675,000 | 1,237,000 | 2,049,000 | 2,787,000 |
| Noninterest income | 93,000 | 190,000 | 304,000 | 383,000 |
| Noninterest expense | 936,000 | 1,832,000 | 2,716,000 | 3,544,000 |
| Provision for loan losses | 25,000 | 700,000 | 850,000 | 1,504,000 |
| Pretax income | -193,000 | -1,105,000 | -1,213,000 | -1,878,000 |
| Income tax | -57,000 | -344,000 | -456,000 | -706,000 |
| Net income | -136,000 | -761,000 | -757,000 | -1,172,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,832,000 | 11,234,000 | 11,238,000 | 10,823,000 |
| Total capital | 9,693,000 | 12,226,000 | 12,184,000 | 11,685,000 |
| Risk-weighted assets | 76,669,000 | 79,214,000 | 75,350,000 | 68,390,000 |