Call reports 2008
BRIDGE BANK, NATIONAL ASSOCIATION — 2008
What BRIDGE BANK, NATIONAL ASSOCIATION 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 | 784,060,000 | 805,257,000 | 855,542,000 | 948,085,000 |
| Total loans | 669,643,000 | 705,039,000 | 684,906,000 | 698,005,000 |
| Allowance for loan losses | 10,872,000 | 13,471,000 | 16,511,000 | 17,301,000 |
| Securities available for sale | 46,130,000 | 28,879,000 | 101,000 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 691,248,000 | 718,557,000 | 740,132,000 | 798,554,000 |
| Interest-bearing deposits | 610,184,000 | 631,927,000 | 646,791,000 | 514,235,000 |
| Noninterest-bearing deposits | 81,064,000 | 86,630,000 | 93,341,000 | 284,319,000 |
| Equity capital | 83,345,000 | 80,727,000 | 72,738,000 | 108,128,000 |
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 | 16,021,000 | 30,969,000 | 45,227,000 | 58,692,000 |
| Interest expense | 3,738,000 | 6,708,000 | 9,723,000 | 12,821,000 |
| Net interest income | 12,283,000 | 24,261,000 | 35,504,000 | 45,871,000 |
| Noninterest income | 1,726,000 | 3,212,000 | 4,820,000 | 9,504,000 |
| Noninterest expense | 8,614,000 | 19,064,000 | 28,829,000 | 36,985,000 |
| Provision for loan losses | 2,418,000 | 7,587,000 | 26,471,000 | 30,421,000 |
| Pretax income | 2,977,000 | 1,120,000 | -14,266,000 | -11,321,000 |
| Income tax | 1,076,000 | 131,000 | -6,525,000 | -5,661,000 |
| Net income | 1,901,000 | 989,000 | -7,741,000 | -5,660,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 79,367,000 | 78,798,000 | 70,394,000 | 106,138,000 |
| Total capital | 89,128,000 | 88,818,000 | 80,426,000 | 116,389,000 |
| Risk-weighted assets | 780,090,000 | 797,101,000 | 794,897,000 | 811,884,000 |