Call reports 2008
EASTERN INTERNATIONAL BANK — 2008
What EASTERN INTERNATIONAL 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 | 83,967,000 | 82,100,000 | 83,288,000 | 94,616,000 |
| Total loans | 66,187,000 | 68,512,000 | 70,786,000 | 77,455,000 |
| Allowance for loan losses | 954,000 | 957,000 | 957,000 | 966,000 |
| Securities available for sale | 2,025,000 | 2,011,000 | 2,001,000 | 3,997,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,053,000 | 69,151,000 | 70,156,000 | 71,287,000 |
| Interest-bearing deposits | 66,103,000 | 64,817,000 | 65,733,000 | 67,674,000 |
| Noninterest-bearing deposits | 4,950,000 | 4,334,000 | 4,423,000 | 3,613,000 |
| Equity capital | 12,734,000 | 12,870,000 | 13,014,000 | 13,178,000 |
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 | 1,360,000 | 2,632,000 | 3,926,000 | 5,240,000 |
| Interest expense | 540,000 | 996,000 | 1,425,000 | 1,861,000 |
| Net interest income | 820,000 | 1,636,000 | 2,501,000 | 3,379,000 |
| Noninterest income | 50,000 | 100,000 | 157,000 | 217,000 |
| Noninterest expense | 688,000 | 1,310,000 | 1,964,000 | 2,635,000 |
| Provision for loan losses | 70,000 | 70,000 | 81,000 | 81,000 |
| Pretax income | 112,000 | 356,000 | 613,000 | 880,000 |
| Income tax | 46,000 | 147,000 | 254,000 | 354,000 |
| Net income | 66,000 | 209,000 | 359,000 | 526,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,719,000 | 12,863,000 | 13,013,000 | 13,180,000 |
| Total capital | 13,595,000 | 13,754,000 | 13,943,000 | 14,148,000 |
| Risk-weighted assets | 70,005,000 | 71,236,000 | 74,372,000 | 83,033,000 |