Call reports 2008
PARTNERS BANK — 2008
What PARTNERS 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 | 71,472,000 | 69,155,000 | 67,788,000 | 70,736,000 |
| Total loans | 50,074,000 | 49,575,000 | 50,934,000 | 53,263,000 |
| Allowance for loan losses | 640,000 | 560,000 | 636,000 | 652,000 |
| Securities available for sale | 9,649,000 | 9,486,000 | 9,447,000 | 9,795,000 |
| Securities held to maturity | 4,000 | 4,000 | 3,000 | 3,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,470,000 | 56,472,000 | 55,600,000 | 58,819,000 |
| Interest-bearing deposits | 47,052,000 | 46,177,000 | 45,595,000 | 47,319,000 |
| Noninterest-bearing deposits | 10,418,000 | 10,295,000 | 10,005,000 | 11,500,000 |
| Equity capital | 8,033,000 | 8,052,000 | 8,154,000 | 8,329,000 |
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 | 1,035,000 | 2,020,000 | 3,049,000 | 4,012,000 |
| Interest expense | 432,000 | 807,000 | 1,147,000 | 1,470,000 |
| Net interest income | 603,000 | 1,213,000 | 1,902,000 | 2,542,000 |
| Noninterest income | 103,000 | 218,000 | 334,000 | 416,000 |
| Noninterest expense | 546,000 | 1,088,000 | 1,654,000 | 2,201,000 |
| Provision for loan losses | 0 | 0 | 85,000 | 110,000 |
| Pretax income | 160,000 | 343,000 | 497,000 | 647,000 |
| Income tax | 37,000 | 80,000 | 113,000 | 141,000 |
| Net income | 123,000 | 263,000 | 384,000 | 506,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,910,000 | 8,022,000 | 8,142,000 | 8,235,000 |
| Total capital | 8,550,000 | 8,582,000 | 8,778,000 | 8,887,000 |
| Risk-weighted assets | 57,887,000 | 57,310,000 | 54,827,000 | 56,870,000 |