Call reports 2008
FLORIDA COMMUNITY BANK — 2008
What FLORIDA COMMUNITY 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 | 935,236,000 | 989,526,000 | 961,940,000 | 954,629,000 |
| Total loans | 742,298,000 | 673,189,000 | 655,801,000 | 624,634,000 |
| Allowance for loan losses | 18,737,000 | 16,921,000 | 39,607,000 | 36,390,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 136,012,000 | 213,287,000 | 207,337,000 | 199,625,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 754,481,000 | 804,188,000 | 810,623,000 | 846,440,000 |
| Interest-bearing deposits | 693,604,000 | 737,552,000 | 756,292,000 | 785,750,000 |
| Noninterest-bearing deposits | 60,877,000 | 66,636,000 | 54,331,000 | 60,690,000 |
| Equity capital | 118,953,000 | 112,894,000 | 94,058,000 | 50,263,000 |
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 | 14,111,000 | 26,656,000 | 39,132,000 | 46,871,000 |
| Interest expense | 7,896,000 | 15,105,000 | 23,001,000 | 31,548,000 |
| Net interest income | 6,215,000 | 11,551,000 | 16,131,000 | 15,323,000 |
| Noninterest income | 572,000 | 1,102,000 | 1,629,000 | 2,218,000 |
| Noninterest expense | 5,190,000 | 11,023,000 | 17,480,000 | 34,210,000 |
| Provision for loan losses | 906,000 | 10,512,000 | 39,942,000 | 69,270,000 |
| Pretax income | 691,000 | -8,882,000 | -39,662,000 | -85,939,000 |
| Income tax | 191,000 | -3,568,000 | -15,508,000 | -10,585,000 |
| Net income | 500,000 | -5,314,000 | -24,154,000 | -75,354,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 118,953,000 | 112,894,000 | 94,058,000 | 50,263,000 |
| Total capital | 129,341,000 | 123,092,000 | 104,226,000 | 60,053,000 |
| Risk-weighted assets | 822,676,000 | 809,138,000 | 784,024,000 | 756,592,000 |