Call reports 2008
CHOICE BANK — 2008
What CHOICE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 |
|---|---|
| Total assets | 287,610,000 |
| Total loans | 229,559,000 |
| Allowance for loan losses | 3,676,000 |
| Securities available for sale | 0 |
| Securities held to maturity | 0 |
| Trading assets | 0 |
| Total deposits | 211,318,000 |
| Interest-bearing deposits | 197,794,000 |
| Noninterest-bearing deposits | 13,524,000 |
| Equity capital | 39,615,000 |
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 |
|---|---|
| Interest income | 5,399,000 |
| Interest expense | 2,714,000 |
| Net interest income | 2,685,000 |
| Noninterest income | 301,000 |
| Noninterest expense | 2,108,000 |
| Provision for loan losses | 1,450,000 |
| Pretax income | -572,000 |
| Income tax | -187,000 |
| Net income | -385,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 |
|---|---|
| Tier 1 capital | 19,930,000 |
| Total capital | 22,678,000 |
| Risk-weighted assets | 218,902,000 |