Call reports 2008
GOLF SAVINGS BANK — 2008
What GOLF SAVINGS 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 | 498,897,000 | 471,549,000 | 467,712,000 | 519,651,000 |
| Total loans | 479,537,000 | 454,513,000 | 452,792,000 | 473,903,000 |
| Allowance for loan losses | 1,837,000 | 3,320,000 | 4,130,000 | 6,890,000 |
| Securities available for sale | 485,000 | 1,236,000 | 1,461,000 | 31,237,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 368,595,000 | 370,592,000 | 354,797,000 | 354,834,000 |
| Interest-bearing deposits | 362,610,000 | 365,382,000 | 349,513,000 | 350,743,000 |
| Noninterest-bearing deposits | 5,985,000 | 5,210,000 | 5,284,000 | 4,091,000 |
| Equity capital | 33,570,000 | 35,872,000 | 36,311,000 | 58,844,000 |
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 | 8,187,000 | 16,311,000 | 23,899,000 | 30,999,000 |
| Interest expense | 4,801,000 | 9,360,000 | 13,504,000 | 17,570,000 |
| Net interest income | 3,386,000 | 6,951,000 | 10,395,000 | 13,429,000 |
| Noninterest income | 4,815,000 | 11,314,000 | 16,279,000 | 21,992,000 |
| Noninterest expense | 6,400,000 | 12,748,000 | 19,511,000 | 27,904,000 |
| Provision for loan losses | 442,000 | 2,080,000 | 3,030,000 | 6,535,000 |
| Pretax income | 1,359,000 | 3,437,000 | 4,133,000 | 982,000 |
| Income tax | 503,000 | 1,272,000 | 1,529,000 | 1,211,000 |
| Net income | 856,000 | 2,165,000 | 2,604,000 | -229,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,042,000 | 33,364,000 | 33,764,000 | 58,331,000 |
| Total capital | 32,985,000 | 36,813,000 | 37,614,000 | 62,457,000 |
| Risk-weighted assets | 327,148,000 | 301,134,000 | 307,566,000 | 327,146,000 |