Call reports 2008
ASIAN BANK OF ARIZONA — 2008
What ASIAN BANK OF ARIZONA 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 | 28,211,000 | 33,053,000 | 37,077,000 | 38,127,000 |
| Total loans | 24,884,000 | 28,882,000 | 32,396,000 | 33,023,000 |
| Allowance for loan losses | 450,000 | 650,000 | 720,000 | 694,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,205,000 | 26,307,000 | 30,494,000 | 31,811,000 |
| Interest-bearing deposits | 19,373,000 | 24,410,000 | 28,243,000 | 29,673,000 |
| Noninterest-bearing deposits | 1,832,000 | 1,897,000 | 2,251,000 | 2,138,000 |
| Equity capital | 6,913,000 | 6,648,000 | 6,499,000 | 6,228,000 |
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 | 446,000 | 940,000 | 1,444,000 | 1,959,000 |
| Interest expense | 198,000 | 428,000 | 684,000 | 967,000 |
| Net interest income | 248,000 | 512,000 | 760,000 | 992,000 |
| Noninterest income | 8,000 | 14,000 | 22,000 | 30,000 |
| Noninterest expense | 430,000 | 840,000 | 1,270,000 | 1,682,000 |
| Provision for loan losses | 256,000 | 556,000 | 624,000 | 892,000 |
| Pretax income | -430,000 | -870,000 | -1,112,000 | -1,552,000 |
| Income tax | -159,000 | -334,000 | -427,000 | -596,000 |
| Net income | -271,000 | -536,000 | -685,000 | -956,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,092,000 | 5,652,000 | 5,410,000 | 4,971,000 |
| Total capital | 6,426,000 | 6,035,000 | 5,823,000 | 5,387,000 |
| Risk-weighted assets | 26,570,000 | 30,349,000 | 32,728,000 | 33,009,000 |