Call reports 2008
RELIANCE BANK — 2008
What RELIANCE 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 | 1,148,743,000 | 1,266,458,000 | 1,365,500,000 | 1,448,749,000 |
| Total loans | 922,508,000 | 1,039,116,000 | 1,137,474,000 | 1,166,075,000 |
| Allowance for loan losses | 9,183,000 | 11,448,000 | 11,300,000 | 12,252,000 |
| Securities available for sale | 163,919,000 | 155,003,000 | 159,907,000 | 183,807,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 853,421,000 | 910,352,000 | 1,022,121,000 | 1,134,369,000 |
| Interest-bearing deposits | 826,179,000 | 874,390,000 | 1,001,374,000 | 1,077,219,000 |
| Noninterest-bearing deposits | 27,242,000 | 35,962,000 | 20,747,000 | 57,151,000 |
| Equity capital | 109,307,000 | 105,492,000 | 118,148,000 | 122,096,000 |
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 | 16,823,000 | 34,445,000 | 53,792,000 | 73,207,000 |
| Interest expense | 9,751,000 | 19,272,000 | 29,252,000 | 39,181,000 |
| Net interest income | 7,072,000 | 15,173,000 | 24,540,000 | 34,026,000 |
| Noninterest income | 399,000 | 766,000 | 1,160,000 | 1,333,000 |
| Noninterest expense | 5,736,000 | 11,754,000 | 18,249,000 | 23,606,000 |
| Provision for loan losses | 962,000 | 4,997,000 | 6,597,000 | 7,923,000 |
| Pretax income | 967,000 | -500,000 | 1,166,000 | 4,151,000 |
| Income tax | 305,000 | -302,000 | 177,000 | 1,026,000 |
| Net income | 662,000 | -198,000 | 989,000 | 3,125,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 106,115,000 | 105,381,000 | 118,675,000 | 121,099,000 |
| Total capital | 115,298,000 | 116,829,000 | 129,975,000 | 133,351,000 |
| Risk-weighted assets | 1,025,758,000 | 1,194,522,000 | 1,293,396,000 | 1,300,331,000 |