Call reports 2008
MEADOWS BANK — 2008
What MEADOWS 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 | 40,073,000 | 51,668,000 | 61,404,000 | 69,062,000 |
| Total loans | 0 | 8,223,000 | 27,424,000 | 33,630,000 |
| Allowance for loan losses | 0 | 82,000 | 259,000 | 358,000 |
| Securities available for sale | 12,005,000 | 16,100,000 | 18,032,000 | 25,487,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,000 | 12,581,000 | 22,967,000 | 30,441,000 |
| Interest-bearing deposits | 63,000 | 11,897,000 | 19,830,000 | 24,762,000 |
| Noninterest-bearing deposits | 11,000 | 684,000 | 3,137,000 | 5,679,000 |
| Equity capital | 39,489,000 | 38,966,000 | 38,286,000 | 37,924,000 |
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 | 15,000 | 286,000 | 774,000 | 1,484,000 |
| Interest expense | 0 | 58,000 | 182,000 | 335,000 |
| Net interest income | 15,000 | 228,000 | 592,000 | 1,149,000 |
| Noninterest income | 0 | 0 | 18,000 | 28,000 |
| Noninterest expense | 933,000 | 2,304,000 | 3,194,000 | 4,228,000 |
| Provision for loan losses | 0 | 82,000 | 259,000 | 358,000 |
| Pretax income | -918,000 | -2,158,000 | -2,843,000 | -3,409,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -918,000 | -2,158,000 | -2,843,000 | -3,409,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,489,000 | 38,966,000 | 38,281,000 | 37,830,000 |
| Total capital | 39,489,000 | 39,048,000 | 38,540,000 | 38,188,000 |
| Risk-weighted assets | 19,169,000 | 34,120,000 | 48,394,000 | 62,615,000 |