Call reports 2008
AVB BANK — 2008
What AVB 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 | 292,679,000 | 282,690,000 | 266,419,000 | 258,011,000 |
| Total loans | 176,513,000 | 171,459,000 | 162,218,000 | 156,921,000 |
| Allowance for loan losses | 4,899,000 | 5,595,000 | 2,934,000 | 4,283,000 |
| Securities available for sale | 87,773,000 | 85,849,000 | 78,977,000 | 76,145,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 252,350,000 | 243,718,000 | 226,831,000 | 225,424,000 |
| Interest-bearing deposits | 208,542,000 | 231,153,000 | 187,034,000 | 182,954,000 |
| Noninterest-bearing deposits | 43,808,000 | 12,565,000 | 39,797,000 | 42,470,000 |
| Equity capital | 38,001,000 | 36,782,000 | 37,389,000 | 29,163,000 |
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 | 4,263,000 | 8,202,000 | 11,955,000 | 15,253,000 |
| Interest expense | 1,898,000 | 3,326,000 | 4,485,000 | 5,508,000 |
| Net interest income | 2,365,000 | 4,876,000 | 7,470,000 | 9,745,000 |
| Noninterest income | 710,000 | 1,485,000 | 2,194,000 | 2,895,000 |
| Noninterest expense | 2,426,000 | 4,856,000 | 7,582,000 | 10,351,000 |
| Provision for loan losses | 630,000 | 1,530,000 | 2,230,000 | 11,343,000 |
| Pretax income | 107,000 | 79,000 | 52,000 | -8,841,000 |
| Income tax | -60,000 | -60,000 | -60,000 | 0 |
| Net income | 167,000 | 139,000 | 112,000 | -8,841,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,246,000 | 37,218,000 | 37,192,000 | 28,240,000 |
| Total capital | 39,889,000 | 39,842,000 | 39,585,000 | 30,202,000 |
| Risk-weighted assets | 209,101,000 | 206,950,000 | 190,784,000 | 184,885,000 |