Call reports 2008
LOCUS BANK, INC. — 2008
What LOCUS BANK, INC. reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q3 | 2008Q4 |
|---|---|---|
| Total assets | 7,713,000 | 13,172,000 |
| Total loans | 0 | 2,859,000 |
| Allowance for loan losses | 0 | 43,000 |
| Securities available for sale | 2,988,000 | 2,007,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 713,000 | 6,288,000 |
| Interest-bearing deposits | 711,000 | 1,968,000 |
| Noninterest-bearing deposits | 2,000 | 4,320,000 |
| Equity capital | 6,942,000 | 6,825,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q3 | 2008Q4 |
|---|---|---|
| Interest income | 174,000 | 247,000 |
| Interest expense | 3,000 | 12,000 |
| Net interest income | 171,000 | 235,000 |
| Noninterest income | 0 | 0 |
| Noninterest expense | 243,000 | 400,000 |
| Provision for loan losses | 0 | 43,000 |
| Pretax income | -96,000 | -232,000 |
| Income tax | 0 | 0 |
| Net income | -96,000 | -232,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q3 | 2008Q4 |
|---|---|---|
| Tier 1 capital | 6,954,000 | 6,818,000 |
| Total capital | 6,954,000 | 6,861,000 |
| Risk-weighted assets | 7,713,000 | 6,050,000 |