Call reports 2008
BANK OF LAS VEGAS — 2008
What BANK OF LAS VEGAS 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 | 70,002,000 | 72,732,000 | 71,780,000 | 73,694,000 |
| Total loans | 66,362,000 | 63,444,000 | 64,435,000 | 64,856,000 |
| Allowance for loan losses | 807,000 | 900,000 | 905,000 | 901,000 |
| Securities available for sale | 0 | 0 | 529,000 | 467,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,276,000 | 55,436,000 | 52,474,000 | 56,984,000 |
| Interest-bearing deposits | 45,901,000 | 43,435,000 | 41,007,000 | 42,103,000 |
| Noninterest-bearing deposits | 11,375,000 | 12,001,000 | 11,467,000 | 14,881,000 |
| Equity capital | 8,626,000 | 8,645,000 | 8,672,000 | 8,064,000 |
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 | 1,187,000 | 2,309,000 | 3,445,000 | 4,498,000 |
| Interest expense | 432,000 | 797,000 | 1,160,000 | 1,498,000 |
| Net interest income | 755,000 | 1,512,000 | 2,285,000 | 3,000,000 |
| Noninterest income | 51,000 | 128,000 | 265,000 | 356,000 |
| Noninterest expense | 720,000 | 1,430,000 | 2,222,000 | 2,979,000 |
| Provision for loan losses | 56,000 | 149,000 | 154,000 | 302,000 |
| Pretax income | 30,000 | 61,000 | 174,000 | 75,000 |
| Income tax | 11,000 | 23,000 | 62,000 | 31,000 |
| Net income | 19,000 | 38,000 | 112,000 | 44,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,826,000 | 6,845,000 | 6,919,000 | 6,352,000 |
| Total capital | 7,633,000 | 7,668,000 | 7,761,000 | 7,191,000 |
| Risk-weighted assets | 67,901,000 | 65,781,000 | 67,281,000 | 67,077,000 |