Call reports 2008
FIRSTBANK OF LAKEWOOD — 2008
What FIRSTBANK OF LAKEWOOD 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 | 337,048,000 | 339,961,000 | 351,016,000 | 354,065,000 |
| Total loans | 91,826,000 | 104,870,000 | 123,206,000 | 126,757,000 |
| Allowance for loan losses | 849,000 | 1,017,000 | 1,190,000 | 1,505,000 |
| Securities available for sale | 126,337,000 | 117,815,000 | 104,948,000 | 99,012,000 |
| Securities held to maturity | 97,603,000 | 95,871,000 | 95,611,000 | 93,990,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 293,247,000 | 297,286,000 | 312,749,000 | 326,060,000 |
| Interest-bearing deposits | 241,031,000 | 246,608,000 | 257,722,000 | 273,298,000 |
| Noninterest-bearing deposits | 52,216,000 | 50,677,000 | 55,027,000 | 52,763,000 |
| Equity capital | 21,742,000 | 21,415,000 | 20,583,000 | 21,607,000 |
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 | 4,530,000 | 9,135,000 | 13,818,000 | 18,657,000 |
| Interest expense | 1,906,000 | 3,402,000 | 4,866,000 | 6,282,000 |
| Net interest income | 2,624,000 | 5,733,000 | 8,952,000 | 12,375,000 |
| Noninterest income | 1,063,000 | 2,148,000 | 3,267,000 | 4,316,000 |
| Noninterest expense | 1,849,000 | 3,833,000 | 5,670,000 | 7,490,000 |
| Provision for loan losses | 152,000 | 322,000 | 518,000 | 864,000 |
| Pretax income | 1,686,000 | 3,726,000 | 5,527,000 | 7,833,000 |
| Income tax | 407,000 | 945,000 | 1,411,000 | 2,057,000 |
| Net income | 1,279,000 | 2,781,000 | 4,116,000 | 5,776,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,233,000 | 20,691,000 | 21,095,000 | 22,755,000 |
| Total capital | 21,118,000 | 21,737,000 | 22,331,000 | 24,312,000 |
| Risk-weighted assets | 145,285,000 | 152,449,000 | 170,748,000 | 179,341,000 |