Call reports 2008
HIGHLANDS COMMUNITY BANK — 2008
What HIGHLANDS COMMUNITY 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 | 75,054,000 | 76,369,000 | 78,617,000 | 80,270,000 |
| Total loans | 36,544,000 | 39,004,000 | 41,851,000 | 43,736,000 |
| Allowance for loan losses | 398,000 | 390,000 | 418,000 | 447,000 |
| Securities available for sale | 27,315,000 | 29,061,000 | 29,288,000 | 30,506,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,256,000 | 67,947,000 | 70,502,000 | 71,801,000 |
| Interest-bearing deposits | 60,223,000 | 61,273,000 | 62,641,000 | 65,441,000 |
| Noninterest-bearing deposits | 6,033,000 | 6,674,000 | 7,861,000 | 6,360,000 |
| Equity capital | 8,435,000 | 8,134,000 | 7,783,000 | 8,186,000 |
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 | 1,064,000 | 2,134,000 | 3,271,000 | 4,425,000 |
| Interest expense | 585,000 | 1,162,000 | 1,722,000 | 2,289,000 |
| Net interest income | 479,000 | 972,000 | 1,549,000 | 2,136,000 |
| Noninterest income | 106,000 | 201,000 | 313,000 | 420,000 |
| Noninterest expense | 453,000 | 925,000 | 1,401,000 | 1,852,000 |
| Provision for loan losses | 11,000 | 34,000 | 81,000 | 133,000 |
| Pretax income | 154,000 | 287,000 | -37,000 | 152,000 |
| Income tax | 20,000 | 28,000 | -124,000 | -104,000 |
| Net income | 134,000 | 259,000 | 87,000 | 256,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,351,000 | 8,476,000 | 8,304,000 | 8,483,000 |
| Total capital | 8,749,000 | 8,866,000 | 8,722,000 | 8,930,000 |
| Risk-weighted assets | 44,973,000 | 46,000,000 | 48,876,000 | 51,110,000 |