Call reports 2008
BRIGHTON COMMERCE BANK — 2008
What BRIGHTON COMMERCE 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 | 110,064,000 | 110,378,000 | 119,393,000 | 114,429,000 |
| Total loans | 103,049,000 | 101,401,000 | 100,371,000 | 100,405,000 |
| Allowance for loan losses | 1,030,000 | 1,015,000 | 1,250,000 | 1,386,000 |
| Securities available for sale | 243,000 | 237,000 | 944,000 | 866,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,965,000 | 90,408,000 | 100,453,000 | 95,950,000 |
| Interest-bearing deposits | 78,361,000 | 79,479,000 | 90,104,000 | 86,843,000 |
| Noninterest-bearing deposits | 9,604,000 | 10,929,000 | 10,349,000 | 9,107,000 |
| Equity capital | 9,633,000 | 9,960,000 | 9,622,000 | 9,593,000 |
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 | 1,843,000 | 3,651,000 | 5,365,000 | 7,017,000 |
| Interest expense | 868,000 | 1,607,000 | 2,269,000 | 2,926,000 |
| Net interest income | 975,000 | 2,044,000 | 3,096,000 | 4,091,000 |
| Noninterest income | 73,000 | 141,000 | 217,000 | 289,000 |
| Noninterest expense | 728,000 | 1,527,000 | 2,369,000 | 3,248,000 |
| Provision for loan losses | 11,000 | -4,000 | 408,000 | 559,000 |
| Pretax income | 309,000 | 662,000 | 536,000 | 573,000 |
| Income tax | 106,000 | 228,000 | 188,000 | 203,000 |
| Net income | 203,000 | 434,000 | 348,000 | 370,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,310,000 | 9,640,000 | 9,363,000 | 9,385,000 |
| Total capital | 10,340,000 | 10,655,000 | 10,613,000 | 10,675,000 |
| Risk-weighted assets | 105,624,000 | 103,569,000 | 103,316,000 | 103,114,000 |