Call reports 2008
DISCOVERY BANK — 2008
What DISCOVERY 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 | 169,908,000 | 169,195,000 | 159,066,000 | 171,266,000 |
| Total loans | 140,483,000 | 137,840,000 | 139,009,000 | 135,164,000 |
| Allowance for loan losses | 2,973,000 | 4,412,000 | 3,570,000 | 3,424,000 |
| Securities available for sale | 4,591,000 | 3,486,000 | 3,462,000 | 1,838,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 141,829,000 | 141,670,000 | 136,207,000 | 145,653,000 |
| Interest-bearing deposits | 94,238,000 | 105,731,000 | 102,814,000 | 115,636,000 |
| Noninterest-bearing deposits | 47,591,000 | 35,939,000 | 33,393,000 | 30,017,000 |
| Equity capital | 16,737,000 | 16,019,000 | 15,635,000 | 17,678,000 |
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 | 2,747,000 | 5,286,000 | 7,695,000 | 9,805,000 |
| Interest expense | 1,068,000 | 1,896,000 | 2,745,000 | 3,585,000 |
| Net interest income | 1,679,000 | 3,390,000 | 4,950,000 | 6,220,000 |
| Noninterest income | 250,000 | 481,000 | 635,000 | 715,000 |
| Noninterest expense | 1,891,000 | 3,863,000 | 5,622,000 | 7,564,000 |
| Provision for loan losses | 6,000 | 2,031,000 | 2,731,000 | 5,595,000 |
| Pretax income | 32,000 | -2,023,000 | -2,768,000 | -6,224,000 |
| Income tax | 27,000 | -701,000 | -994,000 | -2,393,000 |
| Net income | 5,000 | -1,322,000 | -1,774,000 | -3,831,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,689,000 | 16,020,000 | 15,632,000 | 17,664,000 |
| Total capital | 18,790,000 | 18,115,000 | 17,631,000 | 19,596,000 |
| Risk-weighted assets | 167,139,000 | 165,186,000 | 158,319,000 | 153,040,000 |