Call reports 2008
BEACON BUSINESS BANK, NATIONAL ASSOCIATION — 2008
What BEACON BUSINESS BANK, NATIONAL ASSOCIATION 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 | 179,086,000 | 180,201,000 | 177,821,000 | 177,139,000 |
| Total loans | 113,330,000 | 117,212,000 | 121,552,000 | 122,588,000 |
| Allowance for loan losses | 1,644,000 | 1,352,000 | 1,382,000 | 1,509,000 |
| Securities available for sale | 55,108,000 | 50,348,000 | 45,892,000 | 44,789,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 135,932,000 | 126,472,000 | 120,196,000 | 123,458,000 |
| Interest-bearing deposits | 109,798,000 | 96,853,000 | 94,854,000 | 99,998,000 |
| Noninterest-bearing deposits | 26,135,000 | 29,619,000 | 25,343,000 | 23,459,000 |
| Equity capital | 22,004,000 | 19,052,000 | 19,160,000 | 18,121,000 |
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 | 2,780,000 | 5,309,000 | 7,879,000 | 10,240,000 |
| Interest expense | 979,000 | 1,735,000 | 2,538,000 | 3,307,000 |
| Net interest income | 1,801,000 | 3,574,000 | 5,341,000 | 6,933,000 |
| Noninterest income | 233,000 | 410,000 | 584,000 | 738,000 |
| Noninterest expense | 1,328,000 | 2,713,000 | 4,131,000 | 5,524,000 |
| Provision for loan losses | 0 | 2,200,000 | 2,210,000 | 4,440,000 |
| Pretax income | 735,000 | -900,000 | -307,000 | -2,069,000 |
| Income tax | 12,000 | 0 | 0 | 0 |
| Net income | 723,000 | -900,000 | -307,000 | -2,069,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,377,000 | 16,654,000 | 17,047,000 | 15,285,000 |
| Total capital | 19,995,000 | 18,100,000 | 18,523,000 | 16,887,000 |
| Risk-weighted assets | 129,306,000 | 136,194,000 | 141,281,000 | 139,353,000 |