Call reports 2008
GOLD COAST BANK — 2008
What GOLD COAST 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 | 25,241,000 | 39,211,000 | 42,644,000 | 54,847,000 |
| Total loans | 0 | 2,115,000 | 10,119,000 | 18,351,000 |
| Allowance for loan losses | 0 | 16,000 | 73,000 | 183,000 |
| Securities available for sale | 0 | 3,855,000 | 3,786,000 | 9,220,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,763,000 | 19,461,000 | 23,512,000 | 36,032,000 |
| Interest-bearing deposits | 1,255,000 | 14,082,000 | 15,396,000 | 23,467,000 |
| Noninterest-bearing deposits | 1,508,000 | 5,379,000 | 8,116,000 | 12,565,000 |
| Equity capital | 20,217,000 | 19,477,000 | 19,116,000 | 18,702,000 |
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 | 156,000 | 344,000 | 660,000 | 1,053,000 |
| Interest expense | 29,000 | 80,000 | 160,000 | 278,000 |
| Net interest income | 127,000 | 264,000 | 500,000 | 775,000 |
| Noninterest income | 0 | 1,000 | 6,000 | 12,000 |
| Noninterest expense | 493,000 | 1,246,000 | 1,893,000 | 2,513,000 |
| Provision for loan losses | 0 | 16,000 | 73,000 | 183,000 |
| Pretax income | -366,000 | -997,000 | -1,460,000 | -1,909,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | -367,000 | -998,000 | -1,461,000 | -1,910,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,217,000 | 19,542,000 | 19,077,000 | 18,627,000 |
| Total capital | 20,217,000 | 19,558,000 | 19,150,000 | 18,810,000 |
| Risk-weighted assets | 6,049,000 | 13,009,000 | 20,139,000 | 28,361,000 |