Call reports 2008
AMERICAN EXCHANGE BANK — 2008
What AMERICAN EXCHANGE 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 | 34,821,000 | 31,534,000 | 30,531,000 | 31,908,000 |
| Total loans | 21,264,000 | 21,632,000 | 22,271,000 | 21,466,000 |
| Allowance for loan losses | 428,000 | 549,000 | 547,000 | 639,000 |
| Securities available for sale | 6,499,000 | 5,468,000 | 6,495,000 | 6,948,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,731,000 | 26,377,000 | 25,303,000 | 26,873,000 |
| Interest-bearing deposits | 23,321,000 | 21,637,000 | 21,055,000 | 21,344,000 |
| Noninterest-bearing deposits | 6,410,000 | 4,740,000 | 4,248,000 | 5,529,000 |
| Equity capital | 4,271,000 | 4,198,000 | 4,333,000 | 4,149,000 |
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 | 542,000 | 1,030,000 | 1,502,000 | 1,910,000 |
| Interest expense | 177,000 | 333,000 | 479,000 | 616,000 |
| Net interest income | 365,000 | 697,000 | 1,023,000 | 1,294,000 |
| Noninterest income | 24,000 | 45,000 | 74,000 | 98,000 |
| Noninterest expense | 219,000 | 421,000 | 613,000 | 905,000 |
| Provision for loan losses | 0 | 120,000 | 120,000 | 200,000 |
| Pretax income | 170,000 | 201,000 | 364,000 | 287,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 170,000 | 201,000 | 364,000 | 287,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,190,000 | 4,171,000 | 4,284,000 | 4,016,000 |
| Total capital | 4,478,000 | 4,457,000 | 4,573,000 | 4,312,000 |
| Risk-weighted assets | 22,864,000 | 22,579,000 | 22,829,000 | 23,010,000 |