Call reports 2008
POPPY BANK — 2008
What POPPY 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 | 582,829,000 | 650,052,000 | 657,445,000 | 712,200,000 |
| Total loans | 432,281,000 | 493,682,000 | 573,068,000 | 611,652,000 |
| Allowance for loan losses | 4,769,000 | 5,626,000 | 7,174,000 | 10,986,000 |
| Securities available for sale | 1,506,000 | 1,487,000 | 2,489,000 | 984,000 |
| Securities held to maturity | 0 | 0 | 0 | 1,042,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 505,787,000 | 545,819,000 | 524,636,000 | 565,683,000 |
| Interest-bearing deposits | 480,379,000 | 524,249,000 | 504,558,000 | 538,105,000 |
| Noninterest-bearing deposits | 25,408,000 | 21,570,000 | 20,078,000 | 27,577,000 |
| Equity capital | 48,909,000 | 53,239,000 | 54,380,000 | 52,469,000 |
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 | 8,958,000 | 17,993,000 | 28,300,000 | 38,448,000 |
| Interest expense | 5,196,000 | 10,096,000 | 15,057,000 | 20,420,000 |
| Net interest income | 3,762,000 | 7,897,000 | 13,243,000 | 18,028,000 |
| Noninterest income | 118,000 | 344,000 | 135,000 | 220,000 |
| Noninterest expense | 1,892,000 | 3,889,000 | 5,894,000 | 8,018,000 |
| Provision for loan losses | 650,000 | 1,480,000 | 2,995,000 | 11,345,000 |
| Pretax income | 1,338,000 | 2,872,000 | 4,489,000 | -1,115,000 |
| Income tax | 65,000 | 152,000 | 259,000 | -69,000 |
| Net income | 1,273,000 | 2,720,000 | 4,230,000 | -1,046,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,903,000 | 53,232,000 | 54,371,000 | 52,424,000 |
| Total capital | 53,848,000 | 59,034,000 | 61,721,000 | 60,458,000 |
| Risk-weighted assets | 484,192,000 | 536,165,000 | 602,262,000 | 639,586,000 |