Call reports 2008
FIRST NIAGARA COMMERCIAL BANK — 2008
What FIRST NIAGARA COMMERCIAL 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 | 717,088,000 | 685,456,000 | 635,626,000 | 694,971,000 |
| Total loans | 0 | 0 | 0 | 0 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 221,252,000 | 171,435,000 | 135,897,000 | 122,570,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 650,760,000 | 617,760,000 | 570,990,000 | 629,372,000 |
| Interest-bearing deposits | 627,342,000 | 607,688,000 | 561,848,000 | 609,001,000 |
| Noninterest-bearing deposits | 23,418,000 | 10,072,000 | 9,142,000 | 20,371,000 |
| Equity capital | 63,457,000 | 63,238,000 | 63,628,000 | 64,235,000 |
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 | 5,412,000 | 9,661,000 | 13,442,000 | 15,688,000 |
| Interest expense | 4,717,000 | 8,141,000 | 11,144,000 | 13,688,000 |
| Net interest income | 695,000 | 1,520,000 | 2,298,000 | 2,000,000 |
| Noninterest income | 1,000 | 1,000 | 2,000 | 2,000 |
| Noninterest expense | 366,000 | 765,000 | 1,150,000 | 1,554,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 330,000 | 756,000 | 1,150,000 | 448,000 |
| Income tax | -495,000 | -892,000 | -1,114,000 | -1,766,000 |
| Net income | 825,000 | 1,648,000 | 2,264,000 | 2,214,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,496,000 | 39,353,000 | 40,002,000 | 39,988,000 |
| Total capital | 38,496,000 | 39,353,000 | 40,002,000 | 39,988,000 |
| Risk-weighted assets | 155,055,000 | 142,734,000 | 128,556,000 | 140,714,000 |