Call reports 2008
SIERRA VISTA BANK — 2008
What SIERRA VISTA 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 | 37,643,000 | 41,777,000 | 55,615,000 | 69,515,000 |
| Total loans | 29,219,000 | 33,907,000 | 43,594,000 | 48,936,000 |
| Allowance for loan losses | 393,000 | 457,000 | 544,000 | 685,000 |
| Securities available for sale | 5,403,000 | 5,108,000 | 6,434,000 | 10,660,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,220,000 | 27,872,000 | 41,120,000 | 54,744,000 |
| Interest-bearing deposits | 20,439,000 | 24,626,000 | 36,744,000 | 47,205,000 |
| Noninterest-bearing deposits | 2,781,000 | 3,246,000 | 4,376,000 | 7,539,000 |
| Equity capital | 11,971,000 | 11,528,000 | 11,015,000 | 10,104,000 |
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 | 525,000 | 1,166,000 | 1,882,000 | 2,791,000 |
| Interest expense | 199,000 | 436,000 | 709,000 | 1,112,000 |
| Net interest income | 326,000 | 730,000 | 1,173,000 | 1,679,000 |
| Noninterest income | 10,000 | 20,000 | 35,000 | 51,000 |
| Noninterest expense | 630,000 | 1,305,000 | 2,125,000 | 3,171,000 |
| Provision for loan losses | 168,000 | 232,000 | 319,000 | 634,000 |
| Pretax income | -462,000 | -787,000 | -1,236,000 | -2,575,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -462,000 | -787,000 | -1,236,000 | -2,575,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,879,000 | 11,576,000 | 11,153,000 | 9,839,000 |
| Total capital | 12,245,000 | 11,993,000 | 11,697,000 | 10,481,000 |
| Risk-weighted assets | 29,206,000 | 33,271,000 | 45,319,000 | 51,291,000 |