Call reports 2008
MILE HIGH BANKS — 2008
What MILE HIGH BANKS 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 | 1,229,865,000 | 1,276,040,000 | 1,299,854,000 | 1,320,238,000 |
| Total loans | 1,190,431,000 | 1,240,442,000 | 1,257,081,000 | 1,239,220,000 |
| Allowance for loan losses | 11,617,000 | 14,736,000 | 14,899,000 | 14,756,000 |
| Securities available for sale | 0 | 3,518,000 | 3,508,000 | 3,512,000 |
| Securities held to maturity | 447,000 | 399,000 | 399,000 | 378,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 992,686,000 | 999,032,000 | 1,004,413,000 | 1,068,813,000 |
| Interest-bearing deposits | 934,445,000 | 940,209,000 | 947,144,000 | 1,016,306,000 |
| Noninterest-bearing deposits | 58,241,000 | 58,823,000 | 57,269,000 | 52,507,000 |
| Equity capital | 109,194,000 | 111,914,000 | 114,451,000 | 115,845,000 |
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 | 22,449,000 | 44,451,000 | 66,231,000 | 86,936,000 |
| Interest expense | 12,212,000 | 23,853,000 | 35,123,000 | 46,276,000 |
| Net interest income | 10,237,000 | 20,598,000 | 31,108,000 | 40,660,000 |
| Noninterest income | 186,000 | 327,000 | 400,000 | -106,000 |
| Noninterest expense | 5,681,000 | 11,041,000 | 16,477,000 | 21,520,000 |
| Provision for loan losses | 2,408,000 | 6,069,000 | 6,918,000 | 7,618,000 |
| Pretax income | 2,334,000 | 3,825,000 | 8,123,000 | 11,426,000 |
| Income tax | 941,000 | 1,536,000 | 3,299,000 | 4,646,000 |
| Net income | 1,393,000 | 2,289,000 | 4,824,000 | 6,780,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 109,157,000 | 111,915,000 | 114,450,000 | 115,845,000 |
| Total capital | 120,774,000 | 126,651,000 | 129,349,000 | 130,601,000 |
| Risk-weighted assets | 1,213,869,000 | 1,244,723,000 | 1,212,725,000 | 1,198,438,000 |