Call reports 2008
RELIANCE BANK — 2008
What RELIANCE 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 | 30,750,000 | 43,172,000 | 52,705,000 | 58,110,000 |
| Total loans | 24,423,000 | 33,905,000 | 42,922,000 | 44,541,000 |
| Allowance for loan losses | 200,000 | 310,000 | 425,000 | 445,000 |
| Securities available for sale | 2,571,000 | 4,385,000 | 4,201,000 | 5,404,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,697,000 | 26,937,000 | 37,715,000 | 44,432,000 |
| Interest-bearing deposits | 15,711,000 | 25,233,000 | 36,048,000 | 41,475,000 |
| Noninterest-bearing deposits | 4,986,000 | 1,704,000 | 1,667,000 | 2,957,000 |
| Equity capital | 9,077,000 | 8,887,000 | 8,790,000 | 8,667,000 |
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 | 417,000 | 947,000 | 1,667,000 | 2,410,000 |
| Interest expense | 208,000 | 426,000 | 745,000 | 1,133,000 |
| Net interest income | 209,000 | 521,000 | 922,000 | 1,277,000 |
| Noninterest income | 13,000 | 22,000 | 82,000 | 93,000 |
| Noninterest expense | 293,000 | 661,000 | 1,106,000 | 1,519,000 |
| Provision for loan losses | 75,000 | 185,000 | 300,000 | 493,000 |
| Pretax income | -146,000 | -303,000 | -402,000 | -642,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -146,000 | -303,000 | -402,000 | -642,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,060,000 | 8,903,000 | 8,804,000 | 8,579,000 |
| Total capital | 9,260,000 | 9,213,000 | 9,229,000 | 9,025,000 |
| Risk-weighted assets | 28,103,000 | 38,250,000 | 45,107,000 | 47,443,000 |