Call reports 2008
NEEDHAM BANK — 2008
What NEEDHAM 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 | 755,930,000 | 802,825,000 | 893,755,000 | 944,081,000 |
| Total loans | 595,296,000 | 649,975,000 | 731,669,000 | 768,266,000 |
| Allowance for loan losses | 8,919,000 | 8,965,000 | 9,865,000 | 13,721,000 |
| Securities available for sale | 124,288,000 | 115,320,000 | 106,532,000 | 120,972,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 460,185,000 | 472,321,000 | 505,054,000 | 576,133,000 |
| Interest-bearing deposits | 455,987,000 | 463,254,000 | 497,027,000 | 567,875,000 |
| Noninterest-bearing deposits | 4,198,000 | 9,067,000 | 8,027,000 | 8,258,000 |
| Equity capital | 174,868,000 | 176,429,000 | 176,837,000 | 177,948,000 |
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 | 10,675,000 | 21,947,000 | 34,189,000 | 46,951,000 |
| Interest expense | 5,390,000 | 10,371,000 | 15,499,000 | 22,066,000 |
| Net interest income | 5,285,000 | 11,576,000 | 18,690,000 | 24,885,000 |
| Noninterest income | 152,000 | 265,000 | 511,000 | 701,000 |
| Noninterest expense | 3,375,000 | 7,036,000 | 10,522,000 | 14,479,000 |
| Provision for loan losses | 0 | 0 | 900,000 | 4,943,000 |
| Pretax income | 2,073,000 | 4,821,000 | 7,795,000 | 6,181,000 |
| Income tax | 705,000 | 900,000 | 2,062,000 | 1,292,000 |
| Net income | 1,368,000 | 3,921,000 | 5,733,000 | 4,889,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 175,882,000 | 178,058,000 | 179,372,000 | 178,104,000 |
| Total capital | 182,353,000 | 184,847,000 | 186,816,000 | 185,940,000 |
| Risk-weighted assets | 515,201,000 | 540,979,000 | 593,068,000 | 620,973,000 |
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