Call reports 2008
ARBOR BANK — 2008
What ARBOR 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 | 167,053,000 | 167,181,000 | 165,054,000 | 163,130,000 |
| Total loans | 108,411,000 | 110,980,000 | 111,204,000 | 107,358,000 |
| Allowance for loan losses | 1,763,000 | 1,813,000 | 1,937,000 | 1,774,000 |
| Securities available for sale | 38,330,000 | 41,596,000 | 39,411,000 | 41,112,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 133,542,000 | 134,681,000 | 131,152,000 | 130,247,000 |
| Interest-bearing deposits | 119,742,000 | 121,537,000 | 117,872,000 | 117,819,000 |
| Noninterest-bearing deposits | 13,800,000 | 13,144,000 | 13,280,000 | 12,428,000 |
| Equity capital | 14,849,000 | 14,349,000 | 14,333,000 | 15,031,000 |
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 | 2,518,000 | 4,881,000 | 7,192,000 | 9,268,000 |
| Interest expense | 1,279,000 | 2,396,000 | 3,460,000 | 4,460,000 |
| Net interest income | 1,239,000 | 2,485,000 | 3,732,000 | 4,808,000 |
| Noninterest income | 165,000 | 347,000 | 521,000 | 650,000 |
| Noninterest expense | 1,245,000 | 2,221,000 | 3,191,000 | 4,140,000 |
| Provision for loan losses | 20,000 | 70,000 | 241,000 | 502,000 |
| Pretax income | 139,000 | 606,000 | 886,000 | 881,000 |
| Income tax | 10,000 | 30,000 | 102,000 | 130,000 |
| Net income | 129,000 | 576,000 | 784,000 | 751,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,378,000 | 14,565,000 | 14,398,000 | 14,526,000 |
| Total capital | 15,829,000 | 16,099,000 | 15,933,000 | 16,023,000 |
| Risk-weighted assets | 119,485,000 | 122,409,000 | 122,364,000 | 118,739,000 |