Call reports 2008
PREMIER BUSINESS BANK — 2008
What PREMIER BUSINESS 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 | 87,280,000 | 70,877,000 | 69,307,000 | 94,633,000 |
| Total loans | 34,940,000 | 49,101,000 | 49,919,000 | 48,361,000 |
| Allowance for loan losses | 440,000 | 623,000 | 651,000 | 704,000 |
| Securities available for sale | 3,723,000 | 3,377,000 | 3,242,000 | 3,145,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,920,000 | 54,308,000 | 53,058,000 | 78,930,000 |
| Interest-bearing deposits | 62,875,000 | 49,318,000 | 46,847,000 | 69,132,000 |
| Noninterest-bearing deposits | 7,045,000 | 4,990,000 | 6,211,000 | 9,798,000 |
| Equity capital | 16,722,000 | 15,737,000 | 15,424,000 | 14,627,000 |
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 | 880,000 | 1,706,000 | 2,560,000 | 3,319,000 |
| Interest expense | 392,000 | 784,000 | 1,106,000 | 1,554,000 |
| Net interest income | 488,000 | 922,000 | 1,454,000 | 1,765,000 |
| Noninterest income | 5,000 | 8,000 | 16,000 | 20,000 |
| Noninterest expense | 1,067,000 | 2,258,000 | 3,221,000 | 4,359,000 |
| Provision for loan losses | 18,000 | 201,000 | 229,000 | 282,000 |
| Pretax income | -592,000 | -1,529,000 | -1,980,000 | -2,856,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -592,000 | -1,529,000 | -1,980,000 | -2,856,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,619,000 | 15,731,000 | 15,369,000 | 14,511,000 |
| Total capital | 17,128,000 | 16,408,000 | 16,059,000 | 15,242,000 |
| Risk-weighted assets | 48,758,000 | 56,209,000 | 56,797,000 | 61,175,000 |