Call reports 2009
GEORGE WASHINGTON SAVINGS BANK — 2009
What GEORGE WASHINGTON SAVINGS BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 418,991,000 | 407,165,000 | 421,461,000 | 413,673,000 |
| Total loans | 367,822,000 | 356,187,000 | 341,341,000 | 304,890,000 |
| Allowance for loan losses | 7,760,000 | 7,466,000 | 16,475,000 | 21,917,000 |
| Securities available for sale | 21,773,000 | 15,105,000 | 19,474,000 | 17,562,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 357,467,000 | 361,730,000 | 384,494,000 | 395,310,000 |
| Interest-bearing deposits | 340,109,000 | 342,264,000 | 366,563,000 | 373,774,000 |
| Noninterest-bearing deposits | 17,358,000 | 19,466,000 | 17,931,000 | 21,536,000 |
| Equity capital | 42,451,000 | 35,883,000 | 30,739,000 | 13,727,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 6,089,000 | 11,990,000 | 16,345,000 | 19,895,000 |
| Interest expense | 2,510,000 | 4,827,000 | 7,077,000 | 9,218,000 |
| Net interest income | 3,579,000 | 7,163,000 | 9,268,000 | 10,677,000 |
| Noninterest income | 313,000 | 763,000 | 989,000 | 1,402,000 |
| Noninterest expense | 1,333,000 | 3,277,000 | 5,267,000 | 8,202,000 |
| Provision for loan losses | 1,500,000 | 15,500,000 | 24,500,000 | 41,042,000 |
| Pretax income | 1,059,000 | -11,815,000 | -20,474,000 | -38,090,000 |
| Income tax | 345,000 | -4,695,000 | -8,085,000 | -8,655,000 |
| Net income | 714,000 | -7,120,000 | -12,389,000 | -29,435,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,893,000 | 35,800,000 | 26,872,000 | 11,539,000 |
| Total capital | 47,822,000 | 40,590,000 | 31,639,000 | 15,939,000 |
| Risk-weighted assets | 393,880,000 | 380,491,000 | 369,677,000 | 334,487,000 |