Call reports 2008
BANK VI — 2008
What BANK VI 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 | 90,271,000 | 90,888,000 | 90,180,000 | 98,735,000 |
| Total loans | 79,007,000 | 83,908,000 | 82,230,000 | 88,539,000 |
| Allowance for loan losses | 814,000 | 847,000 | 947,000 | 1,272,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 35,000 | 35,000 | 35,000 | 35,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,287,000 | 64,872,000 | 63,925,000 | 63,256,000 |
| Interest-bearing deposits | 66,786,000 | 60,770,000 | 59,809,000 | 58,526,000 |
| Noninterest-bearing deposits | 4,501,000 | 4,102,000 | 4,116,000 | 4,730,000 |
| Equity capital | 9,778,000 | 9,964,000 | 10,150,000 | 9,943,000 |
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 | 1,545,000 | 2,995,000 | 4,465,000 | 5,949,000 |
| Interest expense | 801,000 | 1,528,000 | 2,234,000 | 2,911,000 |
| Net interest income | 744,000 | 1,467,000 | 2,231,000 | 3,038,000 |
| Noninterest income | 98,000 | 239,000 | 367,000 | 493,000 |
| Noninterest expense | 617,000 | 1,307,000 | 1,902,000 | 2,489,000 |
| Provision for loan losses | 65,000 | 98,000 | 198,000 | 865,000 |
| Pretax income | 160,000 | 301,000 | 498,000 | 177,000 |
| Income tax | 11,000 | -34,000 | -23,000 | -15,000 |
| Net income | 149,000 | 335,000 | 521,000 | 192,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,380,000 | 9,570,000 | 9,760,000 | 9,557,000 |
| Total capital | 10,194,000 | 10,417,000 | 10,707,000 | 10,740,000 |
| Risk-weighted assets | 92,066,000 | 90,120,000 | 89,815,000 | 94,566,000 |