Call reports 2008
BANKHAVEN — 2008
What BANKHAVEN 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 | 32,152,000 | 30,426,000 | 25,839,000 | 24,091,000 |
| Total loans | 17,320,000 | 14,688,000 | 12,969,000 | 12,224,000 |
| Allowance for loan losses | 482,000 | 475,000 | 553,000 | 384,000 |
| Securities available for sale | 7,547,000 | 6,847,000 | 5,822,000 | 5,402,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,582,000 | 27,898,000 | 23,379,000 | 21,421,000 |
| Interest-bearing deposits | 26,814,000 | 24,698,000 | 20,953,000 | 19,254,000 |
| Noninterest-bearing deposits | 2,768,000 | 3,200,000 | 2,426,000 | 2,167,000 |
| Equity capital | 2,047,000 | 2,110,000 | 2,081,000 | 2,374,000 |
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 | 455,000 | 908,000 | 1,266,000 | 1,574,000 |
| Interest expense | 225,000 | 398,000 | 531,000 | 635,000 |
| Net interest income | 230,000 | 510,000 | 735,000 | 939,000 |
| Noninterest income | 44,000 | 84,000 | 126,000 | 502,000 |
| Noninterest expense | 302,000 | 658,000 | 1,000,000 | 1,375,000 |
| Provision for loan losses | 2,000 | 235,000 | 264,000 | 264,000 |
| Pretax income | -30,000 | -299,000 | -311,000 | -106,000 |
| Income tax | 0 | -397,000 | -397,000 | -397,000 |
| Net income | -30,000 | 98,000 | 86,000 | 291,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,950,000 | 1,723,000 | 1,703,000 | 1,901,000 |
| Total capital | 2,206,000 | 1,966,000 | 1,913,000 | 2,096,000 |
| Risk-weighted assets | 20,276,000 | 19,213,000 | 16,495,000 | 15,384,000 |