Call reports 2008
MOUNTAIN VIEW BANK OF COMMERCE — 2008
What MOUNTAIN VIEW BANK OF COMMERCE 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 | 11,057,000 | 22,891,000 | 30,339,000 | 37,773,000 |
| Total loans | 9,700,000 | 19,569,000 | 24,632,000 | 32,180,000 |
| Allowance for loan losses | 143,000 | 286,000 | 358,000 | 474,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,517,000 | 13,253,000 | 19,683,000 | 26,314,000 |
| Interest-bearing deposits | 2,794,000 | 12,523,000 | 17,386,000 | 22,963,000 |
| Noninterest-bearing deposits | 723,000 | 730,000 | 2,297,000 | 3,351,000 |
| Equity capital | 7,528,000 | 7,389,000 | 7,289,000 | 7,181,000 |
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 | 90,000 | 339,000 | 722,000 | 1,168,000 |
| Interest expense | 9,000 | 90,000 | 260,000 | 477,000 |
| Net interest income | 81,000 | 249,000 | 462,000 | 691,000 |
| Noninterest income | 86,000 | 100,000 | 106,000 | 106,000 |
| Noninterest expense | 774,000 | 1,033,000 | 1,338,000 | 1,620,000 |
| Provision for loan losses | 143,000 | 286,000 | 358,000 | 474,000 |
| Pretax income | -750,000 | -970,000 | -1,128,000 | -1,297,000 |
| Income tax | -278,000 | -359,000 | -417,000 | -478,000 |
| Net income | -472,000 | -611,000 | -711,000 | -819,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,250,000 | 7,021,000 | 6,863,000 | 6,694,000 |
| Total capital | 7,385,000 | 7,287,000 | 7,186,000 | 7,102,000 |
| Risk-weighted assets | 10,796,000 | 21,261,000 | 25,800,000 | 32,606,000 |