Call reports 2008
MARINE BANK — 2008
What MARINE 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 |
|---|---|---|---|
| Total assets | 391,565,000 | 388,161,000 | 393,711,000 |
| Total loans | 329,361,000 | 318,477,000 | 313,678,000 |
| Allowance for loan losses | 8,093,000 | 6,451,000 | 6,585,000 |
| Securities available for sale | 22,259,000 | 20,489,000 | 17,521,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 284,519,000 | 288,258,000 | 304,696,000 |
| Interest-bearing deposits | 244,910,000 | 251,522,000 | 270,805,000 |
| Noninterest-bearing deposits | 39,608,000 | 36,736,000 | 33,892,000 |
| Equity capital | 39,119,000 | 39,533,000 | 39,213,000 |
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 |
|---|---|---|---|
| Interest income | 6,346,000 | 12,534,000 | 18,195,000 |
| Interest expense | 3,093,000 | 5,812,000 | 8,513,000 |
| Net interest income | 3,253,000 | 6,722,000 | 9,682,000 |
| Noninterest income | 868,000 | 1,385,000 | 2,144,000 |
| Noninterest expense | 3,741,000 | 6,855,000 | 10,242,000 |
| Provision for loan losses | 3,398,000 | 3,398,000 | 4,148,000 |
| Pretax income | -3,018,000 | -2,146,000 | -2,564,000 |
| Income tax | -1,207,000 | -909,000 | -1,109,000 |
| Net income | -1,811,000 | -1,237,000 | -1,455,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 |
|---|---|---|---|
| Tier 1 capital | 33,554,000 | 34,161,000 | 33,982,000 |
| Total capital | 37,771,000 | 38,248,000 | 38,044,000 |
| Risk-weighted assets | 333,493,000 | 324,621,000 | 322,478,000 |