Call reports 2008
PRISM BANK — 2008
What PRISM 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 | 41,804,000 | 41,544,000 | 41,868,000 | 43,751,000 |
| Total loans | 30,093,000 | 31,492,000 | 30,573,000 | 30,687,000 |
| Allowance for loan losses | 358,000 | 371,000 | 311,000 | 295,000 |
| Securities available for sale | 7,070,000 | 5,635,000 | 6,008,000 | 7,200,000 |
| Securities held to maturity | 224,000 | 223,000 | 223,000 | 224,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,778,000 | 34,431,000 | 34,996,000 | 33,707,000 |
| Interest-bearing deposits | 26,701,000 | 27,118,000 | 26,888,000 | 25,818,000 |
| Noninterest-bearing deposits | 8,077,000 | 7,313,000 | 8,108,000 | 7,889,000 |
| Equity capital | 3,818,000 | 3,792,000 | 4,479,000 | 4,634,000 |
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 | 680,000 | 1,379,000 | 2,064,000 | 2,740,000 |
| Interest expense | 244,000 | 500,000 | 743,000 | 958,000 |
| Net interest income | 436,000 | 879,000 | 1,321,000 | 1,782,000 |
| Noninterest income | 130,000 | 260,000 | 406,000 | 536,000 |
| Noninterest expense | 454,000 | 900,000 | 1,358,000 | 1,839,000 |
| Provision for loan losses | 0 | 10,000 | 30,000 | 58,000 |
| Pretax income | 112,000 | 229,000 | 339,000 | 421,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 112,000 | 229,000 | 339,000 | 421,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,936,000 | 3,037,000 | 3,632,000 | 3,674,000 |
| Total capital | 3,294,000 | 3,408,000 | 3,943,000 | 3,969,000 |
| Risk-weighted assets | 29,159,000 | 30,320,000 | 29,427,000 | 29,972,000 |