Call reports 2008
UNIVERSITY BANK — 2008
What UNIVERSITY 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 | 119,122,000 | 112,963,000 | 113,189,000 | 129,691,000 |
| Total loans | 59,110,000 | 60,727,000 | 71,920,000 | 90,368,000 |
| Allowance for loan losses | 438,000 | 321,000 | 632,000 | 976,000 |
| Securities available for sale | 18,445,000 | 17,117,000 | 15,368,000 | 14,790,000 |
| Securities held to maturity | 7,517,000 | 6,141,000 | 5,951,000 | 5,862,000 |
| Trading assets | 6,097,000 | 5,474,000 | 5,198,000 | 4,917,000 |
| Total deposits | 91,798,000 | 103,063,000 | 97,963,000 | 104,028,000 |
| Interest-bearing deposits | 50,025,000 | 51,905,000 | 51,463,000 | 57,629,000 |
| Noninterest-bearing deposits | 41,772,000 | 51,158,000 | 46,500,000 | 46,399,000 |
| Equity capital | 6,291,000 | 6,068,000 | 5,532,000 | 6,110,000 |
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 | 1,279,000 | 2,788,000 | 4,382,000 | 6,009,000 |
| Interest expense | 409,000 | 834,000 | 1,166,000 | 1,488,000 |
| Net interest income | 870,000 | 1,954,000 | 3,216,000 | 4,521,000 |
| Noninterest income | 1,410,000 | 3,300,000 | 5,335,000 | 6,680,000 |
| Noninterest expense | 2,044,000 | 4,590,000 | 7,707,000 | 10,578,000 |
| Provision for loan losses | -16,000 | 289,000 | 604,000 | 1,047,000 |
| Pretax income | 252,000 | 332,000 | 240,000 | -424,000 |
| Income tax | -20,000 | -45,000 | -45,000 | -543,000 |
| Net income | 272,000 | 377,000 | 285,000 | 119,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,269,000 | 8,961,000 | 9,031,000 | 8,744,000 |
| Total capital | 9,707,000 | 9,282,000 | 9,663,000 | 9,623,000 |
| Risk-weighted assets | 57,915,000 | 59,183,000 | 64,889,000 | 69,463,000 |