Call reports 2008
WESTCHESTER BANK, THE — 2008
What WESTCHESTER BANK, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|
| Total assets | 27,328,000 | 36,095,000 | 46,806,000 |
| Total loans | 0 | 6,248,000 | 11,943,000 |
| Allowance for loan losses | 0 | 62,000 | 120,000 |
| Securities available for sale | 6,512,000 | 6,657,000 | 8,550,000 |
| Securities held to maturity | 0 | 0 | 4,024,000 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 4,266,000 | 17,553,000 | 28,314,000 |
| Interest-bearing deposits | 2,451,000 | 14,470,000 | 24,383,000 |
| Noninterest-bearing deposits | 1,815,000 | 3,083,000 | 3,931,000 |
| Equity capital | 18,369,000 | 18,056,000 | 17,527,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|
| Interest income | 19,000 | 224,000 | 516,000 |
| Interest expense | 1,000 | 46,000 | 181,000 |
| Net interest income | 18,000 | 178,000 | 335,000 |
| Noninterest income | 0 | 7,000 | 11,000 |
| Noninterest expense | 98,000 | 816,000 | 1,587,000 |
| Provision for loan losses | 0 | 62,000 | 120,000 |
| Pretax income | -80,000 | -693,000 | -1,361,000 |
| Income tax | 0 | 0 | 0 |
| Net income | -80,000 | -693,000 | -1,361,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|
| Tier 1 capital | 18,368,000 | 18,038,000 | 17,371,000 |
| Total capital | 18,368,000 | 18,100,000 | 17,491,000 |
| Risk-weighted assets | 6,017,000 | 13,713,000 | 38,239,000 |