Call reports 2008
SPECTRA BANK — 2008
What SPECTRA 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 | 43,510,000 | 45,378,000 | 43,872,000 | 40,989,000 |
| Total loans | 29,806,000 | 29,649,000 | 29,313,000 | 27,985,000 |
| Allowance for loan losses | 231,000 | 224,000 | 221,000 | 221,000 |
| Securities available for sale | 1,451,000 | 1,440,000 | 1,431,000 | 28,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,122,000 | 40,002,000 | 37,937,000 | 35,137,000 |
| Interest-bearing deposits | 19,541,000 | 20,108,000 | 19,585,000 | 18,725,000 |
| Noninterest-bearing deposits | 18,581,000 | 19,894,000 | 18,352,000 | 16,412,000 |
| Equity capital | 5,253,000 | 5,244,000 | 5,236,000 | 5,234,000 |
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 | 648,000 | 1,276,000 | 1,879,000 | 2,404,000 |
| Interest expense | 151,000 | 274,000 | 382,000 | 478,000 |
| Net interest income | 497,000 | 1,002,000 | 1,497,000 | 1,926,000 |
| Noninterest income | 292,000 | 582,000 | 892,000 | 1,204,000 |
| Noninterest expense | 619,000 | 1,254,000 | 1,903,000 | 2,627,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 170,000 | 330,000 | 486,000 | 503,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 170,000 | 330,000 | 486,000 | 503,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,234,000 | 5,234,000 | 5,234,000 | 5,234,000 |
| Total capital | 5,465,000 | 5,458,000 | 5,455,000 | 5,455,000 |
| Risk-weighted assets | 30,721,000 | 32,902,000 | 32,172,000 | 29,956,000 |