Call reports 2008
INCREDIBLEBANK — 2008
What INCREDIBLEBANK 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 | 884,442,000 | 902,744,000 | 919,636,000 | 917,297,000 |
| Total loans | 724,252,000 | 743,094,000 | 752,460,000 | 753,228,000 |
| Allowance for loan losses | 8,125,000 | 8,706,000 | 8,352,000 | 9,849,000 |
| Securities available for sale | 100,544,000 | 92,620,000 | 91,114,000 | 81,427,000 |
| Securities held to maturity | 0 | 0 | 0 | 6,500,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 698,140,000 | 696,954,000 | 740,167,000 | 747,576,000 |
| Interest-bearing deposits | 627,874,000 | 624,019,000 | 664,441,000 | 667,038,000 |
| Noninterest-bearing deposits | 70,266,000 | 72,935,000 | 75,726,000 | 80,538,000 |
| Equity capital | 88,673,000 | 88,643,000 | 91,344,000 | 88,206,000 |
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 | 14,520,000 | 28,785,000 | 42,833,000 | 56,486,000 |
| Interest expense | 6,332,000 | 11,928,000 | 17,220,000 | 22,049,000 |
| Net interest income | 8,188,000 | 16,857,000 | 25,613,000 | 34,437,000 |
| Noninterest income | 2,091,000 | 4,224,000 | 6,679,000 | 8,455,000 |
| Noninterest expense | 7,162,000 | 14,553,000 | 21,648,000 | 28,784,000 |
| Provision for loan losses | 578,000 | 1,206,000 | 3,131,000 | 7,883,000 |
| Pretax income | 2,539,000 | 5,322,000 | 7,513,000 | 6,225,000 |
| Income tax | 24,000 | 48,000 | 72,000 | 96,000 |
| Net income | 2,515,000 | 5,274,000 | 7,441,000 | 6,129,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 73,348,000 | 74,751,000 | 78,263,000 | 75,995,000 |
| Total capital | 81,473,000 | 83,457,000 | 86,615,000 | 85,844,000 |
| Risk-weighted assets | 783,783,000 | 805,890,000 | 830,936,000 | 834,445,000 |