Call reports 2008
SHORE COMMUNITY BANK — 2008
What SHORE COMMUNITY 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 | 211,488,000 | 211,217,000 | 208,146,000 | 208,130,000 |
| Total loans | 159,970,000 | 160,616,000 | 157,615,000 | 156,551,000 |
| Allowance for loan losses | 2,366,000 | 2,129,000 | 2,308,000 | 2,100,000 |
| Securities available for sale | 22,846,000 | 26,694,000 | 26,230,000 | 26,745,000 |
| Securities held to maturity | 13,774,000 | 8,449,000 | 8,435,000 | 8,420,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 183,504,000 | 176,034,000 | 172,737,000 | 171,992,000 |
| Interest-bearing deposits | 160,249,000 | 149,081,000 | 148,578,000 | 148,500,000 |
| Noninterest-bearing deposits | 23,255,000 | 26,953,000 | 24,159,000 | 23,492,000 |
| Equity capital | 17,894,000 | 17,282,000 | 17,382,000 | 18,167,000 |
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 | 3,126,000 | 6,091,000 | 9,069,000 | 11,945,000 |
| Interest expense | 1,723,000 | 3,234,000 | 4,614,000 | 5,934,000 |
| Net interest income | 1,403,000 | 2,857,000 | 4,455,000 | 6,011,000 |
| Noninterest income | 71,000 | 213,000 | 462,000 | 598,000 |
| Noninterest expense | 1,258,000 | 2,560,000 | 3,944,000 | 5,250,000 |
| Provision for loan losses | 195,000 | 890,000 | 1,245,000 | 1,520,000 |
| Pretax income | 21,000 | -380,000 | -272,000 | -161,000 |
| Income tax | -28,000 | -214,000 | -196,000 | -177,000 |
| Net income | 49,000 | -166,000 | -76,000 | 16,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,803,000 | 17,588,000 | 17,681,000 | 17,983,000 |
| Total capital | 19,883,000 | 19,717,000 | 19,771,000 | 20,054,000 |
| Risk-weighted assets | 166,076,000 | 169,597,000 | 166,953,000 | 165,644,000 |