Call reports 2008
BANKFIRST FINANCIAL SERVICES — 2008
What BANKFIRST FINANCIAL SERVICES 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 | 642,131,000 | 655,220,000 | 671,071,000 | 662,151,000 |
| Total loans | 468,832,000 | 493,375,000 | 514,385,000 | 523,120,000 |
| Allowance for loan losses | 4,673,000 | 4,659,000 | 4,550,000 | 5,039,000 |
| Securities available for sale | 119,185,000 | 105,462,000 | 94,704,000 | 86,047,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 528,271,000 | 517,883,000 | 526,240,000 | 538,592,000 |
| Interest-bearing deposits | 477,491,000 | 468,569,000 | 477,882,000 | 489,775,000 |
| Noninterest-bearing deposits | 50,780,000 | 49,315,000 | 48,358,000 | 48,817,000 |
| Equity capital | 43,212,000 | 45,924,000 | 47,524,000 | 46,885,000 |
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 | 9,843,000 | 19,173,000 | 28,552,000 | 37,703,000 |
| Interest expense | 4,928,000 | 9,577,000 | 14,193,000 | 18,782,000 |
| Net interest income | 4,915,000 | 9,596,000 | 14,359,000 | 18,921,000 |
| Noninterest income | 1,794,000 | 2,927,000 | 3,975,000 | 5,191,000 |
| Noninterest expense | 4,108,000 | 7,943,000 | 12,227,000 | 16,228,000 |
| Provision for loan losses | 868,000 | 1,070,000 | 1,329,000 | 2,857,000 |
| Pretax income | 1,749,000 | 3,526,000 | 4,759,000 | 5,045,000 |
| Income tax | 554,000 | 1,112,000 | 1,457,000 | 1,504,000 |
| Net income | 1,195,000 | 2,414,000 | 3,302,000 | 3,541,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,956,000 | 46,176,000 | 48,064,000 | 47,119,000 |
| Total capital | 47,629,000 | 50,835,000 | 52,614,000 | 52,158,000 |
| Risk-weighted assets | 474,678,000 | 501,070,000 | 526,211,000 | 516,167,000 |