Call reports 2008
HIGHLANDS UNION BANK — 2008
What HIGHLANDS UNION 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 | 659,545,000 | 673,742,000 | 672,142,000 | 667,986,000 |
| Total loans | 460,587,000 | 479,595,000 | 489,166,000 | 490,425,000 |
| Allowance for loan losses | 4,696,000 | 4,878,000 | 5,082,000 | 5,171,000 |
| Securities available for sale | 135,131,000 | 122,564,000 | 108,281,000 | 106,647,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 511,125,000 | 508,815,000 | 528,991,000 | 523,867,000 |
| Interest-bearing deposits | 425,513,000 | 417,979,000 | 443,431,000 | 442,728,000 |
| Noninterest-bearing deposits | 85,612,000 | 90,836,000 | 85,560,000 | 81,139,000 |
| Equity capital | 45,263,000 | 43,976,000 | 40,128,000 | 41,187,000 |
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 | 10,114,000 | 19,992,000 | 29,782,000 | 39,317,000 |
| Interest expense | 5,222,000 | 10,048,000 | 14,712,000 | 19,304,000 |
| Net interest income | 4,892,000 | 9,944,000 | 15,070,000 | 20,013,000 |
| Noninterest income | 1,016,000 | 2,177,000 | 3,301,000 | 4,250,000 |
| Noninterest expense | 4,182,000 | 8,583,000 | 16,972,000 | 23,662,000 |
| Provision for loan losses | 409,000 | 842,000 | 1,351,000 | 1,590,000 |
| Pretax income | 1,325,000 | 2,815,000 | 167,000 | -852,000 |
| Income tax | 47,000 | 237,000 | 424,000 | -1,543,000 |
| Net income | 1,278,000 | 2,578,000 | -257,000 | 691,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,739,000 | 45,346,000 | 46,863,000 | 47,603,000 |
| Total capital | 50,435,000 | 50,224,000 | 51,945,000 | 52,775,000 |
| Risk-weighted assets | 456,932,000 | 474,481,000 | 477,638,000 | 479,952,000 |