Call reports 2008
BANK OF SMITHTOWN — 2008
What BANK OF SMITHTOWN 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 | 1,280,578,000 | 1,521,495,000 | 1,689,491,000 | 1,863,944,000 |
| Total loans | 1,124,033,000 | 1,353,947,000 | 1,493,017,000 | 1,688,700,000 |
| Allowance for loan losses | 9,039,000 | 9,749,000 | 10,158,000 | 11,303,000 |
| Securities available for sale | 51,581,000 | 64,690,000 | 63,034,000 | 57,699,000 |
| Securities held to maturity | 204,000 | 112,000 | 111,000 | 111,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 974,948,000 | 1,113,486,000 | 1,185,121,000 | 1,367,955,000 |
| Interest-bearing deposits | 952,769,000 | 1,088,140,000 | 1,163,594,000 | 1,243,318,000 |
| Noninterest-bearing deposits | 22,179,000 | 25,346,000 | 21,527,000 | 124,637,000 |
| Equity capital | 119,102,000 | 122,924,000 | 152,172,000 | 156,770,000 |
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 | 20,088,000 | 41,798,000 | 66,265,000 | 91,919,000 |
| Interest expense | 8,707,000 | 17,641,000 | 27,586,000 | 38,475,000 |
| Net interest income | 11,381,000 | 24,157,000 | 38,679,000 | 53,444,000 |
| Noninterest income | 2,346,000 | 4,579,000 | 6,921,000 | 9,282,000 |
| Noninterest expense | 6,908,000 | 14,623,000 | 23,042,000 | 31,730,000 |
| Provision for loan losses | 800,000 | 1,500,000 | 2,000,000 | 3,200,000 |
| Pretax income | 6,019,000 | 12,613,000 | 20,564,000 | 26,993,000 |
| Income tax | 1,958,000 | 3,909,000 | 6,572,000 | 8,746,000 |
| Net income | 4,061,000 | 8,704,000 | 13,992,000 | 18,247,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 115,043,000 | 119,257,000 | 149,432,000 | 152,599,000 |
| Total capital | 124,127,000 | 129,081,000 | 159,695,000 | 164,027,000 |
| Risk-weighted assets | 1,065,943,000 | 1,260,407,000 | 1,343,086,000 | 1,543,903,000 |