Call reports 2008
INTRACOASTAL BANK — 2008
What INTRACOASTAL BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|
| Total assets | 18,152,000 | 38,705,000 | 46,938,000 |
| Total loans | 3,870,000 | 11,774,000 | 18,618,000 |
| Allowance for loan losses | 44,000 | 135,000 | 214,000 |
| Securities available for sale | 0 | 11,193,000 | 16,715,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 2,023,000 | 25,633,000 | 33,521,000 |
| Interest-bearing deposits | 1,971,000 | 21,940,000 | 28,685,000 |
| Noninterest-bearing deposits | 53,000 | 3,693,000 | 4,836,000 |
| Equity capital | 13,409,000 | 12,970,000 | 13,274,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|
| Interest income | 353,000 | 556,000 | 969,000 |
| Interest expense | 15,000 | 104,000 | 277,000 |
| Net interest income | 338,000 | 452,000 | 692,000 |
| Noninterest income | 0 | 2,000 | 14,000 |
| Noninterest expense | 670,000 | 1,144,000 | 1,524,000 |
| Provision for loan losses | 44,000 | 135,000 | 214,000 |
| Pretax income | -376,000 | -825,000 | -1,032,000 |
| Income tax | 0 | 0 | 0 |
| Net income | -376,000 | -825,000 | -1,032,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|
| Tier 1 capital | 13,409,000 | 12,964,000 | 12,770,000 |
| Total capital | 13,453,000 | 13,099,000 | 12,984,000 |
| Risk-weighted assets | 9,526,000 | 20,043,000 | 26,851,000 |