Call reports 2008
FALCON NATIONAL BANK — 2008
What FALCON 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 | 87,966,000 | 98,404,000 | 101,882,000 | 109,238,000 |
| Total loans | 75,686,000 | 82,065,000 | 84,936,000 | 87,107,000 |
| Allowance for loan losses | 675,000 | 714,000 | 826,000 | 839,000 |
| Securities available for sale | 6,636,000 | 5,661,000 | 7,515,000 | 11,122,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,325,000 | 86,728,000 | 90,037,000 | 96,876,000 |
| Interest-bearing deposits | 73,786,000 | 80,365,000 | 83,820,000 | 89,281,000 |
| Noninterest-bearing deposits | 5,539,000 | 6,363,000 | 6,217,000 | 7,595,000 |
| Equity capital | 8,157,000 | 8,195,000 | 8,438,000 | 8,886,000 |
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 | 1,598,000 | 3,188,000 | 4,826,000 | 6,425,000 |
| Interest expense | 840,000 | 1,596,000 | 2,330,000 | 3,059,000 |
| Net interest income | 758,000 | 1,592,000 | 2,496,000 | 3,366,000 |
| Noninterest income | 96,000 | 234,000 | 404,000 | 556,000 |
| Noninterest expense | 627,000 | 1,344,000 | 2,125,000 | 2,874,000 |
| Provision for loan losses | 31,000 | 91,000 | 225,000 | 239,000 |
| Pretax income | 196,000 | 391,000 | 550,000 | 809,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 196,000 | 391,000 | 550,000 | 809,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,081,000 | 8,277,000 | 8,435,000 | 8,695,000 |
| Total capital | 8,776,000 | 9,011,000 | 9,281,000 | 9,554,000 |
| Risk-weighted assets | 75,772,000 | 83,351,000 | 85,521,000 | 88,722,000 |