Call reports 2008
XENITH BANK — 2008
What XENITH 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 | 178,594,000 | 182,033,000 | 169,759,000 | 184,158,000 |
| Total loans | 110,430,000 | 113,680,000 | 118,296,000 | 117,247,000 |
| Allowance for loan losses | 999,000 | 1,058,000 | 1,114,000 | 1,687,000 |
| Securities available for sale | 53,780,000 | 55,874,000 | 38,575,000 | 53,413,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 117,065,000 | 123,631,000 | 133,069,000 | 130,285,000 |
| Interest-bearing deposits | 100,635,000 | 109,099,000 | 116,935,000 | 115,232,000 |
| Noninterest-bearing deposits | 16,430,000 | 14,532,000 | 16,134,000 | 15,053,000 |
| Equity capital | 16,739,000 | 16,130,000 | 15,418,000 | 16,709,000 |
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 | 2,483,000 | 4,872,000 | 7,413,000 | 9,968,000 |
| Interest expense | 1,427,000 | 2,908,000 | 4,280,000 | 5,558,000 |
| Net interest income | 1,056,000 | 1,964,000 | 3,133,000 | 4,410,000 |
| Noninterest income | 391,000 | 586,000 | 589,000 | 674,000 |
| Noninterest expense | 994,000 | 1,920,000 | 2,881,000 | 3,887,000 |
| Provision for loan losses | 60,000 | 120,000 | 220,000 | 835,000 |
| Pretax income | 393,000 | 510,000 | 621,000 | 362,000 |
| Income tax | 133,000 | 171,000 | 207,000 | 117,000 |
| Net income | 260,000 | 339,000 | 414,000 | 245,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,899,000 | 16,978,000 | 17,054,000 | 16,884,000 |
| Total capital | 17,898,000 | 18,037,000 | 18,168,000 | 18,571,000 |
| Risk-weighted assets | 121,836,000 | 124,287,000 | 118,497,000 | 123,678,000 |