Call reports 2008
VISIONBANK — 2008
What VISIONBANK 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 | 58,229,000 | 65,147,000 | 66,140,000 | 67,591,000 |
| Total loans | 51,122,000 | 57,454,000 | 57,463,000 | 58,122,000 |
| Allowance for loan losses | 742,000 | 927,000 | 858,000 | 836,000 |
| Securities available for sale | 4,047,000 | 3,612,000 | 4,240,000 | 6,020,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,611,000 | 48,855,000 | 48,774,000 | 50,478,000 |
| Interest-bearing deposits | 3,000,000 | 44,485,000 | 44,802,000 | 46,311,000 |
| Noninterest-bearing deposits | 39,611,000 | 4,370,000 | 3,972,000 | 4,167,000 |
| Equity capital | 5,464,000 | 5,555,000 | 6,214,000 | 6,466,000 |
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 | 950,000 | 1,886,000 | 2,903,000 | 3,911,000 |
| Interest expense | 460,000 | 907,000 | 1,377,000 | 1,848,000 |
| Net interest income | 490,000 | 979,000 | 1,526,000 | 2,063,000 |
| Noninterest income | 64,000 | 149,000 | 263,000 | 381,000 |
| Noninterest expense | 467,000 | 988,000 | 1,521,000 | 2,014,000 |
| Provision for loan losses | 63,000 | 325,000 | 374,000 | 374,000 |
| Pretax income | 24,000 | -185,000 | -106,000 | 56,000 |
| Income tax | 13,000 | 5,000 | 7,000 | 19,000 |
| Net income | 11,000 | -190,000 | -113,000 | 37,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,679,000 | 4,827,000 | 5,454,000 | 5,604,000 |
| Total capital | 5,316,000 | 5,504,000 | 6,159,000 | 6,352,000 |
| Risk-weighted assets | 50,820,000 | 53,899,000 | 56,227,000 | 59,712,000 |