Call reports 2008
FUSION BANK — 2008
What FUSION 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 | 83,342,000 | 84,142,000 | 83,924,000 | 89,188,000 |
| Total loans | 44,046,000 | 48,347,000 | 47,572,000 | 49,994,000 |
| Allowance for loan losses | 472,000 | 472,000 | 572,000 | 532,000 |
| Securities available for sale | 20,254,000 | 19,754,000 | 18,539,000 | 16,423,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,106,000 | 71,036,000 | 69,783,000 | 75,820,000 |
| Interest-bearing deposits | 58,899,000 | 58,689,000 | 58,414,000 | 61,920,000 |
| Noninterest-bearing deposits | 11,207,000 | 12,347,000 | 11,369,000 | 13,900,000 |
| Equity capital | 10,685,000 | 10,642,000 | 10,760,000 | 11,040,000 |
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 | 1,207,000 | 2,345,000 | 3,502,000 | 4,626,000 |
| Interest expense | 349,000 | 612,000 | 868,000 | 1,103,000 |
| Net interest income | 858,000 | 1,733,000 | 2,634,000 | 3,523,000 |
| Noninterest income | 189,000 | 426,000 | 634,000 | 894,000 |
| Noninterest expense | 777,000 | 1,596,000 | 2,381,000 | 3,147,000 |
| Provision for loan losses | 0 | 0 | 100,000 | 304,000 |
| Pretax income | 270,000 | 563,000 | 787,000 | 966,000 |
| Income tax | 12,000 | 7,000 | 18,000 | 24,000 |
| Net income | 258,000 | 556,000 | 769,000 | 942,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,240,000 | 9,469,000 | 9,653,000 | 9,792,000 |
| Total capital | 9,712,000 | 9,941,000 | 10,225,000 | 10,324,000 |
| Risk-weighted assets | 52,643,000 | 56,441,000 | 55,336,000 | 58,672,000 |