Call reports 2008
FIRST INDEPENDENT BANK OF NEVADA — 2008
What FIRST INDEPENDENT BANK OF NEVADA 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 | 547,157,000 | 583,578,000 | 494,034,000 | 482,393,000 |
| Total loans | 338,212,000 | 335,024,000 | 352,416,000 | 348,232,000 |
| Allowance for loan losses | 4,229,000 | 4,592,000 | 4,394,000 | 5,895,000 |
| Securities available for sale | 67,101,000 | 54,574,000 | 50,135,000 | 47,652,000 |
| Securities held to maturity | 0 | 6,320,000 | 6,326,000 | 0 |
| Trading assets | 0 | 1,043,000 | 2,213,000 | 2,270,000 |
| Total deposits | 414,231,000 | 424,172,000 | 408,470,000 | 407,488,000 |
| Interest-bearing deposits | 316,279,000 | 313,656,000 | 306,352,000 | 303,927,000 |
| Noninterest-bearing deposits | 97,952,000 | 110,516,000 | 102,118,000 | 103,561,000 |
| Equity capital | 120,702,000 | 120,892,000 | 40,883,000 | 56,164,000 |
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 | 7,482,000 | 14,424,000 | 21,364,000 | 27,863,000 |
| Interest expense | 2,723,000 | 4,939,000 | 7,138,000 | 9,098,000 |
| Net interest income | 4,759,000 | 9,485,000 | 14,226,000 | 18,765,000 |
| Noninterest income | 258,000 | 491,000 | 749,000 | 665,000 |
| Noninterest expense | 3,667,000 | 7,126,000 | 89,982,000 | 93,799,000 |
| Provision for loan losses | 532,000 | 895,000 | 1,319,000 | 2,942,000 |
| Pretax income | 818,000 | 1,955,000 | -79,424,000 | -88,649,000 |
| Income tax | 133,000 | 573,000 | -224,000 | -3,492,000 |
| Net income | 685,000 | 1,382,000 | -79,200,000 | -85,157,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,057,000 | 39,828,000 | 37,796,000 | 52,328,000 |
| Total capital | 48,311,000 | 49,439,000 | 47,210,000 | 62,466,000 |
| Risk-weighted assets | 408,532,000 | 414,117,000 | 424,488,000 | 410,253,000 |