Call reports 2008
ATLANTIC COMMUNITY BANK — 2008
What ATLANTIC COMMUNITY 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 | 91,210,000 | 92,180,000 | 93,989,000 | 95,036,000 |
| Total loans | 68,363,000 | 70,425,000 | 72,234,000 | 75,363,000 |
| Allowance for loan losses | 863,000 | 1,041,000 | 983,000 | 1,075,000 |
| Securities available for sale | 19,313,000 | 17,647,000 | 16,772,000 | 16,389,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,040,000 | 65,088,000 | 66,079,000 | 68,316,000 |
| Interest-bearing deposits | 60,216,000 | 58,809,000 | 57,775,000 | 62,245,000 |
| Noninterest-bearing deposits | 5,824,000 | 6,279,000 | 8,304,000 | 6,071,000 |
| Equity capital | 9,515,000 | 9,113,000 | 9,121,000 | 9,513,000 |
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 | 1,481,000 | 2,934,000 | 4,392,000 | 5,811,000 |
| Interest expense | 772,000 | 1,479,000 | 2,153,000 | 2,793,000 |
| Net interest income | 709,000 | 1,455,000 | 2,239,000 | 3,018,000 |
| Noninterest income | 61,000 | 106,000 | 133,000 | 187,000 |
| Noninterest expense | 738,000 | 1,498,000 | 2,360,000 | 3,151,000 |
| Provision for loan losses | 226,000 | 428,000 | 524,000 | 637,000 |
| Pretax income | -194,000 | -365,000 | -512,000 | -583,000 |
| Income tax | -66,000 | -124,000 | -174,000 | -198,000 |
| Net income | -128,000 | -241,000 | -338,000 | -385,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,357,000 | 8,037,000 | 7,944,000 | 8,099,000 |
| Total capital | 9,186,000 | 8,883,000 | 8,803,000 | 8,972,000 |
| Risk-weighted assets | 66,280,000 | 67,547,000 | 68,609,000 | 69,648,000 |