Call reports 2008
BANK OF FLORIDA - SOUTHEAST — 2008
What BANK OF FLORIDA - SOUTHEAST 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 | 474,730,000 | 487,555,000 | 520,751,000 | 538,923,000 |
| Total loans | 407,943,000 | 419,600,000 | 447,767,000 | 444,598,000 |
| Allowance for loan losses | 4,268,000 | 4,591,000 | 4,757,000 | 8,208,000 |
| Securities available for sale | 37,404,000 | 35,183,000 | 33,180,000 | 41,756,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 343,321,000 | 350,029,000 | 416,441,000 | 405,335,000 |
| Interest-bearing deposits | 316,845,000 | 344,101,000 | 368,325,000 | 398,349,000 |
| Noninterest-bearing deposits | 26,476,000 | 5,928,000 | 48,116,000 | 6,986,000 |
| Equity capital | 52,879,000 | 51,424,000 | 53,122,000 | 53,431,000 |
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 | 7,387,000 | 15,003,000 | 22,648,000 | 30,201,000 |
| Interest expense | 3,512,000 | 6,770,000 | 10,205,000 | 13,783,000 |
| Net interest income | 3,875,000 | 8,233,000 | 12,443,000 | 16,418,000 |
| Noninterest income | 174,000 | 232,000 | 392,000 | 630,000 |
| Noninterest expense | 3,525,000 | 7,311,000 | 11,102,000 | 14,713,000 |
| Provision for loan losses | 436,000 | 920,000 | 1,399,000 | 5,112,000 |
| Pretax income | 88,000 | 234,000 | 362,000 | -2,749,000 |
| Income tax | 36,000 | 94,000 | 145,000 | -1,025,000 |
| Net income | 52,000 | 140,000 | 217,000 | -1,724,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,001,000 | 37,193,000 | 37,844,000 | 35,015,000 |
| Total capital | 47,269,000 | 47,860,000 | 48,666,000 | 46,810,000 |
| Risk-weighted assets | 452,400,000 | 454,627,000 | 477,872,000 | 461,151,000 |