Call reports 2008
CENTURY BANK — 2008
What CENTURY 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 | 72,357,000 | 73,272,000 | 78,913,000 | 81,634,000 |
| Total loans | 59,704,000 | 67,961,000 | 72,326,000 | 72,793,000 |
| Allowance for loan losses | 699,000 | 794,000 | 843,000 | 847,000 |
| Securities available for sale | 341,000 | 314,000 | 293,000 | 279,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,995,000 | 58,858,000 | 60,320,000 | 67,063,000 |
| Interest-bearing deposits | 49,050,000 | 48,417,000 | 49,002,000 | 52,707,000 |
| Noninterest-bearing deposits | 8,945,000 | 10,441,000 | 11,318,000 | 14,356,000 |
| Equity capital | 10,149,000 | 10,204,000 | 10,317,000 | 10,271,000 |
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 | 1,191,000 | 2,318,000 | 3,506,000 | 4,670,000 |
| Interest expense | 418,000 | 748,000 | 1,106,000 | 1,501,000 |
| Net interest income | 773,000 | 1,570,000 | 2,400,000 | 3,169,000 |
| Noninterest income | 32,000 | 70,000 | 108,000 | 144,000 |
| Noninterest expense | 649,000 | 1,313,000 | 1,970,000 | 2,613,000 |
| Provision for loan losses | 0 | 95,000 | 144,000 | 322,000 |
| Pretax income | 156,000 | 232,000 | 394,000 | 378,000 |
| Income tax | 55,000 | 78,000 | 133,000 | 170,000 |
| Net income | 101,000 | 154,000 | 261,000 | 208,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,148,000 | 10,205,000 | 10,317,000 | 10,271,000 |
| Total capital | 10,875,000 | 11,018,000 | 11,180,000 | 11,136,000 |
| Risk-weighted assets | 72,927,000 | 78,558,000 | 80,930,000 | 81,245,000 |