Call reports 2008
CORTRUST BANK NATIONAL ASSOCIATION — 2008
What CORTRUST BANK NATIONAL ASSOCIATION 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 | 510,185,000 | 531,590,000 | 528,514,000 | 538,936,000 |
| Total loans | 398,043,000 | 421,330,000 | 432,175,000 | 436,932,000 |
| Allowance for loan losses | 15,830,000 | 15,835,000 | 17,897,000 | 17,503,000 |
| Securities available for sale | 77,004,000 | 85,481,000 | 74,929,000 | 75,950,000 |
| Securities held to maturity | 404,000 | 401,000 | 394,000 | 392,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 404,578,000 | 408,775,000 | 416,466,000 | 427,752,000 |
| Interest-bearing deposits | 339,909,000 | 346,573,000 | 354,770,000 | 359,570,000 |
| Noninterest-bearing deposits | 64,669,000 | 62,202,000 | 61,696,000 | 68,182,000 |
| Equity capital | 52,234,000 | 51,663,000 | 53,373,000 | 55,281,000 |
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 | 16,965,000 | 33,080,000 | 49,894,000 | 66,558,000 |
| Interest expense | 3,443,000 | 6,695,000 | 9,906,000 | 12,903,000 |
| Net interest income | 13,522,000 | 26,385,000 | 39,988,000 | 53,655,000 |
| Noninterest income | 9,676,000 | 20,048,000 | 30,689,000 | 40,997,000 |
| Noninterest expense | 10,545,000 | 21,277,000 | 31,599,000 | 41,433,000 |
| Provision for loan losses | 11,692,000 | 21,999,000 | 33,802,000 | 44,974,000 |
| Pretax income | 961,000 | 3,163,000 | 5,333,000 | 9,206,000 |
| Income tax | 192,000 | 782,000 | 1,423,000 | 2,672,000 |
| Net income | 769,000 | 2,381,000 | 3,910,000 | 6,534,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,625,000 | 49,551,000 | 51,091,000 | 52,000,000 |
| Total capital | 54,876,000 | 55,075,000 | 56,755,000 | 57,661,000 |
| Risk-weighted assets | 408,526,000 | 430,535,000 | 439,835,000 | 439,887,000 |