Call reports 2008
BLACKRIDGEBANK — 2008
What BLACKRIDGEBANK 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 | 28,828,000 | 43,752,000 | 50,120,000 | 54,438,000 |
| Total loans | 26,758,000 | 41,067,000 | 46,711,000 | 49,849,000 |
| Allowance for loan losses | 268,000 | 411,000 | 473,000 | 505,000 |
| Securities available for sale | 1,162,000 | 1,035,000 | 907,000 | 877,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,575,000 | 32,288,000 | 43,260,000 | 45,948,000 |
| Interest-bearing deposits | 18,873,000 | 30,766,000 | 40,419,000 | 42,352,000 |
| Noninterest-bearing deposits | 702,000 | 1,522,000 | 2,841,000 | 3,596,000 |
| Equity capital | 4,467,000 | 4,570,000 | 4,831,000 | 5,454,000 |
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 | 431,000 | 1,055,000 | 1,906,000 | 2,708,000 |
| Interest expense | 213,000 | 481,000 | 838,000 | 1,247,000 |
| Net interest income | 218,000 | 574,000 | 1,068,000 | 1,461,000 |
| Noninterest income | 5,000 | 13,000 | 24,000 | 37,000 |
| Noninterest expense | 377,000 | 818,000 | 1,322,000 | 1,845,000 |
| Provision for loan losses | 81,000 | 224,000 | 286,000 | 318,000 |
| Pretax income | -235,000 | -455,000 | -516,000 | -665,000 |
| Income tax | -85,000 | -171,000 | -194,000 | -251,000 |
| Net income | -150,000 | -284,000 | -322,000 | -414,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,348,000 | 4,465,000 | 4,725,000 | 5,267,000 |
| Total capital | 4,616,000 | 4,876,000 | 5,198,000 | 5,772,000 |
| Risk-weighted assets | 30,467,000 | 41,959,000 | 49,537,000 | 51,790,000 |