Call reports 2008
FIRST IPSWICH BANK — 2008
What FIRST IPSWICH 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 | 286,426,000 | 288,627,000 | 285,853,000 | 281,601,000 |
| Total loans | 204,188,000 | 211,700,000 | 214,095,000 | 216,164,000 |
| Allowance for loan losses | 1,569,000 | 1,610,000 | 1,790,000 | 2,127,000 |
| Securities available for sale | 42,841,000 | 40,103,000 | 38,040,000 | 35,175,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 214,617,000 | 216,152,000 | 217,323,000 | 215,603,000 |
| Interest-bearing deposits | 175,401,000 | 173,479,000 | 176,235,000 | 175,971,000 |
| Noninterest-bearing deposits | 39,216,000 | 42,673,000 | 41,087,000 | 39,632,000 |
| Equity capital | 31,957,000 | 31,651,000 | 30,185,000 | 27,030,000 |
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 | 4,037,000 | 8,025,000 | 11,817,000 | 15,630,000 |
| Interest expense | 1,560,000 | 2,969,000 | 4,295,000 | 5,582,000 |
| Net interest income | 2,477,000 | 5,056,000 | 7,522,000 | 10,048,000 |
| Noninterest income | 626,000 | 1,522,000 | 947,000 | 1,556,000 |
| Noninterest expense | 3,224,000 | 6,343,000 | 9,476,000 | 16,227,000 |
| Provision for loan losses | 40,000 | 106,000 | 333,000 | 1,671,000 |
| Pretax income | -161,000 | 129,000 | -2,548,000 | -7,678,000 |
| Income tax | -150,000 | 47,000 | -763,000 | -2,599,000 |
| Net income | -11,000 | 82,000 | -1,785,000 | -5,079,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,328,000 | 27,477,000 | 25,674,000 | 21,610,000 |
| Total capital | 28,946,000 | 29,129,000 | 27,520,000 | 23,828,000 |
| Risk-weighted assets | 216,534,000 | 221,311,000 | 221,549,000 | 220,442,000 |