Call reports 2008
RESURGENS BANK — 2008
What RESURGENS BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|
| Total assets | 12,010,000 | 15,486,000 | 22,460,000 |
| Total loans | 1,591,000 | 6,628,000 | 14,006,000 |
| Allowance for loan losses | 16,000 | 77,000 | 161,000 |
| Securities available for sale | 0 | 2,915,000 | 2,910,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 553,000 | 4,434,000 | 11,871,000 |
| Interest-bearing deposits | 505,000 | 3,079,000 | 9,818,000 |
| Noninterest-bearing deposits | 48,000 | 1,355,000 | 2,053,000 |
| Equity capital | 11,456,000 | 10,969,000 | 10,485,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|
| Interest income | 24,000 | 130,000 | 321,000 |
| Interest expense | 0 | 11,000 | 66,000 |
| Net interest income | 24,000 | 119,000 | 255,000 |
| Noninterest income | 0 | 1,000 | 5,000 |
| Noninterest expense | 191,000 | 742,000 | 1,314,000 |
| Provision for loan losses | 16,000 | 77,000 | 161,000 |
| Pretax income | -183,000 | -699,000 | -1,215,000 |
| Income tax | 0 | 0 | 0 |
| Net income | -183,000 | -699,000 | -1,215,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|
| Tier 1 capital | 11,456,000 | 10,966,000 | 10,485,000 |
| Total capital | 11,472,000 | 11,043,000 | 10,646,000 |
| Risk-weighted assets | 4,126,000 | 8,825,000 | 16,092,000 |