Call reports 2008
AMERICAN COMMUNITY BANK & TRUST — 2008
What AMERICAN COMMUNITY BANK & TRUST 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 | 569,561,000 | 581,011,000 | 606,928,000 | 610,904,000 |
| Total loans | 492,263,000 | 501,907,000 | 516,349,000 | 499,068,000 |
| Allowance for loan losses | 5,486,000 | 5,561,000 | 5,291,000 | 9,369,000 |
| Securities available for sale | 13,222,000 | 12,110,000 | 11,528,000 | 16,053,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 502,991,000 | 514,222,000 | 539,339,000 | 545,259,000 |
| Interest-bearing deposits | 459,584,000 | 466,036,000 | 486,493,000 | 494,566,000 |
| Noninterest-bearing deposits | 43,407,000 | 48,186,000 | 52,846,000 | 50,693,000 |
| Equity capital | 49,077,000 | 50,380,000 | 51,189,000 | 48,927,000 |
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 | 8,596,000 | 16,984,000 | 25,344,000 | 33,637,000 |
| Interest expense | 4,235,000 | 8,296,000 | 12,473,000 | 16,576,000 |
| Net interest income | 4,361,000 | 8,688,000 | 12,871,000 | 17,061,000 |
| Noninterest income | 311,000 | 689,000 | 1,052,000 | 1,172,000 |
| Noninterest expense | 2,163,000 | 4,242,000 | 6,390,000 | 8,417,000 |
| Provision for loan losses | 75,000 | 150,000 | 835,000 | 6,305,000 |
| Pretax income | 2,466,000 | 5,060,000 | 6,773,000 | 3,586,000 |
| Income tax | 934,000 | 1,940,000 | 2,600,000 | 1,467,000 |
| Net income | 1,532,000 | 3,120,000 | 4,173,000 | 2,119,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,919,000 | 50,312,000 | 51,141,000 | 48,837,000 |
| Total capital | 54,405,000 | 55,873,000 | 56,432,000 | 55,006,000 |
| Risk-weighted assets | 480,845,000 | 491,879,000 | 502,569,000 | 490,319,000 |