Call reports 2008
NEW CENTURY BANK — 2008
What NEW CENTURY 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 | 21,970,000 | 21,014,000 | 20,407,000 | 21,809,000 |
| Total loans | 15,132,000 | 15,362,000 | 16,533,000 | 17,504,000 |
| Allowance for loan losses | 265,000 | 260,000 | 288,000 | 269,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 3,086,000 | 2,584,000 | 1,983,000 | 1,781,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,571,000 | 17,300,000 | 17,552,000 | 18,815,000 |
| Interest-bearing deposits | 17,085,000 | 14,820,000 | 14,212,000 | 15,755,000 |
| Noninterest-bearing deposits | 2,486,000 | 2,480,000 | 3,340,000 | 3,060,000 |
| Equity capital | 2,078,000 | 2,058,000 | 1,929,000 | 2,020,000 |
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 | 399,000 | 822,000 | 1,237,000 | 1,613,000 |
| Interest expense | 142,000 | 262,000 | 371,000 | 469,000 |
| Net interest income | 257,000 | 560,000 | 866,000 | 1,144,000 |
| Noninterest income | 139,000 | 294,000 | 414,000 | 558,000 |
| Noninterest expense | 346,000 | 671,000 | 1,021,000 | 1,349,000 |
| Provision for loan losses | 0 | 0 | 5,000 | 9,000 |
| Pretax income | 50,000 | 183,000 | 254,000 | 344,000 |
| Income tax | 2,000 | 8,000 | 13,000 | 12,000 |
| Net income | 48,000 | 175,000 | 241,000 | 332,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,078,000 | 2,058,000 | 1,929,000 | 2,020,000 |
| Total capital | 2,274,000 | 2,249,000 | 2,136,000 | 2,232,000 |
| Risk-weighted assets | 15,648,000 | 15,512,000 | 16,474,000 | 17,338,000 |