Call reports 2008
BANKNEWPORT — 2008
What BANKNEWPORT 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 | 1,064,437,000 | 1,095,418,000 | 1,090,037,000 | 1,102,193,000 |
| Total loans | 725,311,000 | 767,387,000 | 794,785,000 | 816,087,000 |
| Allowance for loan losses | 5,327,000 | 5,295,000 | 5,385,000 | 5,397,000 |
| Securities available for sale | 263,163,000 | 244,169,000 | 214,937,000 | 201,143,000 |
| Securities held to maturity | 9,845,000 | 13,627,000 | 13,258,000 | 12,939,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 769,154,000 | 781,264,000 | 778,795,000 | 768,619,000 |
| Interest-bearing deposits | 685,820,000 | 692,664,000 | 689,124,000 | 688,514,000 |
| Noninterest-bearing deposits | 83,334,000 | 88,600,000 | 89,671,000 | 80,105,000 |
| Equity capital | 101,151,000 | 99,338,000 | 87,654,000 | 87,603,000 |
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 | 13,728,000 | 27,297,000 | 40,876,000 | 54,650,000 |
| Interest expense | 7,648,000 | 14,155,000 | 20,424,000 | 26,427,000 |
| Net interest income | 6,080,000 | 13,142,000 | 20,452,000 | 28,223,000 |
| Noninterest income | 2,997,000 | 5,931,000 | 8,875,000 | 11,673,000 |
| Noninterest expense | 8,123,000 | 16,340,000 | 24,545,000 | 32,912,000 |
| Provision for loan losses | 0 | 525,000 | 525,000 | 525,000 |
| Pretax income | 750,000 | 1,877,000 | -14,364,000 | -16,236,000 |
| Income tax | 18,000 | 139,000 | 412,000 | -4,409,000 |
| Net income | 732,000 | 1,738,000 | -14,776,000 | -11,827,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 93,049,000 | 92,727,000 | 82,269,000 | 77,514,000 |
| Total capital | 98,791,000 | 98,444,000 | 88,052,000 | 83,446,000 |
| Risk-weighted assets | 704,793,000 | 722,937,000 | 722,110,000 | 723,230,000 |