Call reports 2008
FLAGSHIP NATIONAL BANK — 2008
What FLAGSHIP NATIONAL BANK 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 | 224,334,000 | 225,692,000 | 230,615,000 | 208,907,000 |
| Total loans | 164,036,000 | 161,140,000 | 154,448,000 | 150,010,000 |
| Allowance for loan losses | 2,100,000 | 2,078,000 | 2,832,000 | 5,841,000 |
| Securities available for sale | 35,794,000 | 35,812,000 | 40,594,000 | 35,675,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 194,183,000 | 198,075,000 | 205,799,000 | 181,674,000 |
| Interest-bearing deposits | 181,954,000 | 186,602,000 | 189,645,000 | 172,323,000 |
| Noninterest-bearing deposits | 12,229,000 | 11,473,000 | 16,154,000 | 9,351,000 |
| Equity capital | 18,461,000 | 15,978,000 | 13,169,000 | 14,690,000 |
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 | 3,511,000 | 6,718,000 | 9,870,000 | 12,480,000 |
| Interest expense | 2,211,000 | 4,261,000 | 6,308,000 | 8,490,000 |
| Net interest income | 1,300,000 | 2,457,000 | 3,562,000 | 3,990,000 |
| Noninterest income | 83,000 | 169,000 | 212,000 | 142,000 |
| Noninterest expense | 1,024,000 | 2,091,000 | 3,255,000 | 4,602,000 |
| Provision for loan losses | 78,000 | 629,000 | 3,630,000 | 6,687,000 |
| Pretax income | 306,000 | -69,000 | -3,086,000 | -7,135,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 306,000 | -69,000 | -3,086,000 | -7,135,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,226,000 | 16,713,000 | 13,712,000 | 14,359,000 |
| Total capital | 20,326,000 | 18,791,000 | 15,759,000 | 16,339,000 |
| Risk-weighted assets | 172,988,000 | 170,078,000 | 162,958,000 | 154,579,000 |