Call reports 2008
PREMIER COMMUNITY BANK OF FLORIDA — 2008
What PREMIER COMMUNITY BANK OF FLORIDA 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 | 24,960,000 | 28,477,000 | 33,772,000 | 39,363,000 |
| Total loans | 6,542,000 | 10,078,000 | 13,813,000 | 24,856,000 |
| Allowance for loan losses | 68,000 | 89,000 | 126,000 | 230,000 |
| Securities available for sale | 4,982,000 | 6,575,000 | 8,558,000 | 8,633,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 14,914,000 | 18,499,000 | 25,109,000 | 30,860,000 |
| Interest-bearing deposits | 14,256,000 | 17,994,000 | 23,816,000 | 29,464,000 |
| Noninterest-bearing deposits | 658,000 | 505,000 | 1,293,000 | 1,396,000 |
| Equity capital | 8,757,000 | 8,471,000 | 8,393,000 | 8,334,000 |
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 | 186,000 | 452,000 | 812,000 | 1,265,000 |
| Interest expense | 102,000 | 273,000 | 496,000 | 762,000 |
| Net interest income | 84,000 | 179,000 | 316,000 | 503,000 |
| Noninterest income | 1,000 | 2,000 | 4,000 | 7,000 |
| Noninterest expense | 328,000 | 636,000 | 1,004,000 | 1,472,000 |
| Provision for loan losses | 36,000 | 57,000 | 94,000 | 198,000 |
| Pretax income | -279,000 | -512,000 | -778,000 | -1,160,000 |
| Income tax | -106,000 | -194,000 | -294,000 | -439,000 |
| Net income | -173,000 | -318,000 | -484,000 | -721,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,531,000 | 8,298,000 | 8,032,000 | 7,651,000 |
| Total capital | 8,599,000 | 8,387,000 | 8,158,000 | 7,881,000 |
| Risk-weighted assets | 12,857,000 | 15,044,000 | 19,623,000 | 29,692,000 |