Call reports 2008
GREAT AMERICAN BANK — 2008
What GREAT AMERICAN 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 | 211,345,000 | 34,950,000 | 35,174,000 | 34,447,000 |
| Total loans | 157,512,000 | 3,280,000 | 8,931,000 | 13,124,000 |
| Allowance for loan losses | 1,914,000 | 50,000 | 91,000 | 132,000 |
| Securities available for sale | 17,771,000 | 4,528,000 | 8,998,000 | 2,530,000 |
| Securities held to maturity | 0 | 0 | 3,034,000 | 4,015,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 129,779,000 | 30,721,000 | 28,039,000 | 27,373,000 |
| Interest-bearing deposits | 119,611,000 | 29,416,000 | 27,623,000 | 25,901,000 |
| Noninterest-bearing deposits | 10,168,000 | 1,305,000 | 416,000 | 1,472,000 |
| Equity capital | 44,307,000 | 2,419,000 | 7,064,000 | 7,001,000 |
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 | 3,229,000 | 6,147,000 | 186,000 | 508,000 |
| Interest expense | 1,651,000 | 3,098,000 | 113,000 | 236,000 |
| Net interest income | 1,578,000 | 3,049,000 | 73,000 | 272,000 |
| Noninterest income | 135,000 | 278,000 | 27,000 | 72,000 |
| Noninterest expense | 895,000 | 1,735,000 | 171,000 | 471,000 |
| Provision for loan losses | 0 | 0 | 40,000 | 85,000 |
| Pretax income | 818,000 | 1,592,000 | -111,000 | -212,000 |
| Income tax | 315,000 | 613,000 | 0 | 0 |
| Net income | 503,000 | 979,000 | -111,000 | -212,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,809,000 | 1,373,000 | 2,821,000 | 2,696,000 |
| Total capital | 17,723,000 | 1,423,000 | 2,912,000 | 2,828,000 |
| Risk-weighted assets | 157,767,000 | 9,650,000 | 14,071,000 | 17,273,000 |