Call reports 2008
RIVERGREEN BANK — 2008
What RIVERGREEN BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 |
|---|---|---|
| Total assets | 115,531,000 | 97,935,000 |
| Total loans | 88,399,000 | 85,394,000 |
| Allowance for loan losses | 1,134,000 | 1,369,000 |
| Securities available for sale | 5,539,000 | 765,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 103,200,000 | 92,934,000 |
| Interest-bearing deposits | 96,027,000 | 86,026,000 |
| Noninterest-bearing deposits | 7,173,000 | 6,908,000 |
| Equity capital | 5,618,000 | 4,148,000 |
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 |
|---|---|---|
| Interest income | 1,808,000 | 3,444,000 |
| Interest expense | 866,000 | 1,673,000 |
| Net interest income | 942,000 | 1,771,000 |
| Noninterest income | 52,000 | 91,000 |
| Noninterest expense | 1,406,000 | 2,789,000 |
| Provision for loan losses | 83,000 | 911,000 |
| Pretax income | -495,000 | -1,875,000 |
| Income tax | 2,000 | 4,000 |
| Net income | -497,000 | -1,879,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 |
|---|---|---|
| Tier 1 capital | 5,543,000 | 4,157,000 |
| Total capital | 6,699,000 | 5,224,000 |
| Risk-weighted assets | 92,436,000 | 85,529,000 |