Call reports 2008
FIRST GUARANTY BANK — 2008
What FIRST GUARANTY 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 | 789,218,000 | 801,747,000 | 835,615,000 | 870,770,000 |
| Total loans | 592,448,000 | 622,863,000 | 605,778,000 | 606,369,000 |
| Allowance for loan losses | 6,174,000 | 6,360,000 | 6,478,000 | 6,482,000 |
| Securities available for sale | 90,363,000 | 94,210,000 | 100,833,000 | 114,297,000 |
| Securities held to maturity | 34,545,000 | 34,409,000 | 34,317,000 | 24,756,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 705,159,000 | 697,128,000 | 715,563,000 | 780,465,000 |
| Interest-bearing deposits | 576,383,000 | 568,352,000 | 598,823,000 | 662,118,000 |
| Noninterest-bearing deposits | 128,776,000 | 128,776,000 | 116,741,000 | 118,348,000 |
| Equity capital | 69,875,000 | 69,727,000 | 65,102,000 | 66,060,000 |
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 | 12,815,000 | 24,530,000 | 36,453,000 | 48,019,000 |
| Interest expense | 4,663,000 | 8,322,000 | 11,922,000 | 15,581,000 |
| Net interest income | 8,152,000 | 16,208,000 | 24,531,000 | 32,438,000 |
| Noninterest income | 1,297,000 | 2,702,000 | 3,790,000 | 4,936,000 |
| Noninterest expense | 5,519,000 | 10,952,000 | 16,539,000 | 22,078,000 |
| Provision for loan losses | 202,000 | 692,000 | 1,099,000 | 1,634,000 |
| Pretax income | 3,731,000 | 7,268,000 | 6,075,000 | 9,050,000 |
| Income tax | 1,303,000 | 2,536,000 | 2,114,000 | 2,879,000 |
| Net income | 2,428,000 | 4,732,000 | 3,961,000 | 6,171,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 65,718,000 | 66,138,000 | 64,293,000 | 65,093,000 |
| Total capital | 71,892,000 | 72,498,000 | 70,771,000 | 71,584,000 |
| Risk-weighted assets | 659,908,000 | 682,511,000 | 689,266,000 | 713,786,000 |