Call reports 2008
CHAMPION BANK — 2008
What CHAMPION 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 | 224,878,000 | 247,987,000 | 243,289,000 | 229,908,000 |
| Total loans | 203,843,000 | 217,195,000 | 203,465,000 | 191,430,000 |
| Allowance for loan losses | 3,850,000 | 4,976,000 | 5,956,000 | 4,895,000 |
| Securities available for sale | 11,921,000 | 13,733,000 | 22,917,000 | 17,741,000 |
| Securities held to maturity | 0 | 0 | 0 | 4,205,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 168,747,000 | 196,299,000 | 190,646,000 | 181,009,000 |
| Interest-bearing deposits | 164,980,000 | 190,205,000 | 183,013,000 | 175,240,000 |
| Noninterest-bearing deposits | 3,767,000 | 6,094,000 | 7,633,000 | 5,769,000 |
| Equity capital | 22,878,000 | 22,405,000 | 23,082,000 | 19,370,000 |
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 | 3,664,000 | 7,142,000 | 10,811,000 | 14,063,000 |
| Interest expense | 2,166,000 | 4,152,000 | 6,238,000 | 8,036,000 |
| Net interest income | 1,498,000 | 2,990,000 | 4,573,000 | 6,027,000 |
| Noninterest income | 162,000 | 330,000 | 481,000 | 611,000 |
| Noninterest expense | 1,683,000 | 3,322,000 | 5,170,000 | 6,607,000 |
| Provision for loan losses | 951,000 | 2,228,000 | 3,935,000 | 6,086,000 |
| Pretax income | -877,000 | -2,001,000 | -3,826,000 | -5,828,000 |
| Income tax | -334,000 | -764,000 | -1,455,000 | 2,394,000 |
| Net income | -543,000 | -1,237,000 | -2,371,000 | -8,222,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,056,000 | 19,910,000 | 19,610,000 | 18,953,000 |
| Total capital | 23,901,000 | 22,728,000 | 22,171,000 | 21,323,000 |
| Risk-weighted assets | 225,855,000 | 223,319,000 | 201,518,000 | 199,481,000 |