Call reports 2008
BANK OF AMERICA RHODE ISLAND, NATIONAL ASSOCIATION — 2008
What BANK OF AMERICA RHODE ISLAND, NATIONAL ASSOCIATION 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 | 35,790,853,000 | 39,211,041,000 | 36,153,675,000 | 35,410,586,000 |
| Total loans | 33,825,483,000 | 33,290,798,000 | 34,209,477,000 | 33,144,520,000 |
| Allowance for loan losses | 28,162,000 | 4,722,000 | 11,783,000 | 16,183,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 500,000 | 500,000 | 500,000 | 500,000 |
| Interest-bearing deposits | 500,000 | 500,000 | 500,000 | 500,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 1,980,159,000 | 2,143,731,000 | 2,308,327,000 | 2,498,732,000 |
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 | 476,166,000 | 926,745,000 | 1,398,147,000 | 1,857,131,000 |
| Interest expense | 324,838,000 | 539,767,000 | 743,454,000 | 896,896,000 |
| Net interest income | 151,328,000 | 386,978,000 | 654,693,000 | 960,235,000 |
| Noninterest income | 3,000 | 3,000 | 3,000 | 3,000 |
| Noninterest expense | 4,270,000 | 6,767,000 | 11,324,000 | 15,361,000 |
| Provision for loan losses | 17,943,000 | -5,375,000 | 1,779,000 | 6,841,000 |
| Pretax income | 129,118,000 | 385,589,000 | 641,593,000 | 938,036,000 |
| Income tax | 45,191,000 | 138,090,000 | 229,498,000 | 335,536,000 |
| Net income | 83,927,000 | 247,499,000 | 412,095,000 | 602,500,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,980,159,000 | 2,143,731,000 | 2,308,327,000 | 2,498,732,000 |
| Total capital | 2,008,321,000 | 2,148,453,000 | 2,320,110,000 | 2,514,915,000 |
| Risk-weighted assets | 9,083,327,000 | 10,909,418,000 | 10,272,143,000 | 10,028,548,000 |