Call reports 2008
BANK FORWARD — 2008
What BANK FORWARD 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 | 444,932,000 | 450,633,000 | 449,116,000 | 458,913,000 |
| Total loans | 346,145,000 | 351,742,000 | 350,869,000 | 353,306,000 |
| Allowance for loan losses | 3,500,000 | 3,652,000 | 3,969,000 | 4,849,000 |
| Securities available for sale | 62,650,000 | 61,994,000 | 59,614,000 | 65,164,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 348,090,000 | 341,566,000 | 337,854,000 | 346,925,000 |
| Interest-bearing deposits | 306,499,000 | 300,723,000 | 297,310,000 | 296,943,000 |
| Noninterest-bearing deposits | 41,591,000 | 40,843,000 | 40,544,000 | 49,982,000 |
| Equity capital | 35,919,000 | 34,936,000 | 35,703,000 | 35,660,000 |
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 | 6,756,000 | 13,651,000 | 20,410,000 | 26,942,000 |
| Interest expense | 3,283,000 | 6,256,000 | 9,196,000 | 11,916,000 |
| Net interest income | 3,473,000 | 7,395,000 | 11,214,000 | 15,026,000 |
| Noninterest income | 1,603,000 | 3,018,000 | 5,226,000 | 6,828,000 |
| Noninterest expense | 4,042,000 | 8,496,000 | 13,208,000 | 17,838,000 |
| Provision for loan losses | 313,000 | 520,000 | 847,000 | 2,254,000 |
| Pretax income | 848,000 | 1,528,000 | 2,647,000 | 2,162,000 |
| Income tax | 55,000 | 52,000 | 154,000 | 105,000 |
| Net income | 793,000 | 1,476,000 | 2,493,000 | 2,057,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,173,000 | 27,521,000 | 28,224,000 | 26,975,000 |
| Total capital | 36,673,000 | 37,174,000 | 38,193,000 | 37,555,000 |
| Risk-weighted assets | 360,902,000 | 365,782,000 | 363,207,000 | 366,099,000 |