Call reports 2008
SPIRIT BANK — 2008
What SPIRIT 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 | 23,690,000 | 23,801,000 | 23,217,000 | 22,617,000 |
| Total loans | 10,025,000 | 12,630,000 | 12,715,000 | 12,154,000 |
| Allowance for loan losses | 136,000 | 128,000 | 128,000 | 262,000 |
| Securities available for sale | 8,070,000 | 7,194,000 | 6,236,000 | 6,565,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,994,000 | 19,187,000 | 18,614,000 | 18,292,000 |
| Interest-bearing deposits | 16,234,000 | 15,393,000 | 15,003,000 | 14,777,000 |
| Noninterest-bearing deposits | 3,760,000 | 3,794,000 | 3,611,000 | 3,515,000 |
| Equity capital | 2,515,000 | 2,420,000 | 2,446,000 | 2,258,000 |
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 | 342,000 | 671,000 | 1,000,000 | 1,315,000 |
| Interest expense | 160,000 | 306,000 | 447,000 | 570,000 |
| Net interest income | 182,000 | 365,000 | 553,000 | 745,000 |
| Noninterest income | 54,000 | 108,000 | 157,000 | 206,000 |
| Noninterest expense | 210,000 | 416,000 | 619,000 | 822,000 |
| Provision for loan losses | 0 | 0 | 0 | 265,000 |
| Pretax income | 30,000 | 71,000 | 108,000 | -119,000 |
| Income tax | 2,000 | 7,000 | 11,000 | -74,000 |
| Net income | 28,000 | 64,000 | 97,000 | -45,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,451,000 | 2,488,000 | 2,521,000 | 2,281,000 |
| Total capital | 2,587,000 | 2,616,000 | 2,649,000 | 2,473,000 |
| Risk-weighted assets | 13,744,000 | 15,918,000 | 15,958,000 | 15,317,000 |