Call reports 2008
FIRST ASSOCIATIONS BANK — 2008
What FIRST ASSOCIATIONS 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 | 121,236,000 | 121,703,000 | 130,818,000 | 167,352,000 |
| Total loans | 959,000 | 2,330,000 | 3,495,000 | 4,153,000 |
| Allowance for loan losses | 20,000 | 25,000 | 31,000 | 42,000 |
| Securities available for sale | 109,345,000 | 109,556,000 | 117,125,000 | 80,024,000 |
| Securities held to maturity | 0 | 0 | 0 | 68,881,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 88,944,000 | 98,530,000 | 110,126,000 | 144,680,000 |
| Interest-bearing deposits | 72,940,000 | 82,481,000 | 95,450,000 | 131,447,000 |
| Noninterest-bearing deposits | 16,004,000 | 16,049,000 | 14,676,000 | 13,233,000 |
| Equity capital | 17,012,000 | 13,786,000 | 16,200,000 | 17,934,000 |
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 | 1,118,000 | 2,500,000 | 3,933,000 | 5,465,000 |
| Interest expense | 245,000 | 589,000 | 973,000 | 1,388,000 |
| Net interest income | 873,000 | 1,911,000 | 2,960,000 | 4,077,000 |
| Noninterest income | 27,000 | 55,000 | 79,000 | 106,000 |
| Noninterest expense | 590,000 | 1,146,000 | 1,763,000 | 2,410,000 |
| Provision for loan losses | 7,000 | 12,000 | 18,000 | 29,000 |
| Pretax income | 744,000 | 1,297,000 | 1,748,000 | 2,237,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 744,000 | 1,297,000 | 1,748,000 | 2,237,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,631,000 | 16,184,000 | 16,732,000 | 17,231,000 |
| Total capital | 15,651,000 | 16,209,000 | 16,763,000 | 17,273,000 |
| Risk-weighted assets | 27,108,000 | 29,030,000 | 36,166,000 | 34,711,000 |