Call reports 2008
ALTERRA BANK — 2008
What ALTERRA 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 | 122,849,000 | 131,372,000 | 127,733,000 | 132,562,000 |
| Total loans | 109,041,000 | 114,433,000 | 110,197,000 | 110,762,000 |
| Allowance for loan losses | 1,200,000 | 2,004,000 | 2,193,000 | 2,163,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 5,332,000 | 5,364,000 | 5,366,000 | 6,395,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 88,314,000 | 99,401,000 | 95,194,000 | 98,649,000 |
| Interest-bearing deposits | 78,006,000 | 90,253,000 | 84,101,000 | 88,103,000 |
| Noninterest-bearing deposits | 10,308,000 | 9,148,000 | 11,093,000 | 10,546,000 |
| Equity capital | 11,247,000 | 9,949,000 | 11,452,000 | 12,092,000 |
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 | 2,082,000 | 4,135,000 | 6,114,000 | 7,999,000 |
| Interest expense | 1,095,000 | 2,178,000 | 3,256,000 | 4,266,000 |
| Net interest income | 987,000 | 1,957,000 | 2,858,000 | 3,733,000 |
| Noninterest income | 161,000 | 311,000 | 390,000 | 459,000 |
| Noninterest expense | 833,000 | 1,668,000 | 2,529,000 | 3,343,000 |
| Provision for loan losses | 215,000 | 2,428,000 | 2,668,000 | 2,983,000 |
| Pretax income | 100,000 | -1,828,000 | -1,949,000 | -2,134,000 |
| Income tax | 109,000 | 168,000 | 168,000 | -657,000 |
| Net income | 191,000 | -1,732,000 | -1,854,000 | -1,214,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,431,000 | 8,135,000 | 9,641,000 | 10,284,000 |
| Total capital | 10,631,000 | 9,520,000 | 10,976,000 | 11,616,000 |
| Risk-weighted assets | 104,334,000 | 110,136,000 | 106,160,000 | 106,784,000 |