Call reports 2008
FIRST MARINER BANK — 2008
What FIRST MARINER 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 | 1,172,842,000 | 1,178,436,000 | 1,177,005,000 | 1,196,580,000 |
| Total loans | 865,923,000 | 898,524,000 | 906,780,000 | 935,676,000 |
| Allowance for loan losses | 10,147,000 | 10,602,000 | 11,092,000 | 12,104,000 |
| Securities available for sale | 43,133,000 | 45,754,000 | 48,395,000 | 39,416,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 36,327,000 | 34,183,000 | 12,194,000 | 12,566,000 |
| Total deposits | 953,504,000 | 962,220,000 | 920,508,000 | 957,026,000 |
| Interest-bearing deposits | 812,895,000 | 813,378,000 | 800,212,000 | 840,688,000 |
| Noninterest-bearing deposits | 140,609,000 | 148,842,000 | 120,296,000 | 116,338,000 |
| Equity capital | 78,550,000 | 81,256,000 | 83,905,000 | 78,579,000 |
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 | 16,903,000 | 32,621,000 | 48,276,000 | 62,983,000 |
| Interest expense | 7,700,000 | 15,074,000 | 22,938,000 | 30,933,000 |
| Net interest income | 9,203,000 | 17,547,000 | 25,338,000 | 32,050,000 |
| Noninterest income | 2,886,000 | 8,410,000 | 13,412,000 | 15,928,000 |
| Noninterest expense | 14,527,000 | 29,355,000 | 43,286,000 | 58,678,000 |
| Provision for loan losses | 3,000,000 | 4,500,000 | 6,700,000 | 10,856,000 |
| Pretax income | -5,438,000 | -7,898,000 | -12,212,000 | -27,180,000 |
| Income tax | -2,302,000 | -3,954,000 | -6,200,000 | -12,284,000 |
| Net income | -3,136,000 | -3,944,000 | -6,012,000 | -14,896,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 80,140,000 | 84,266,000 | 88,034,000 | 68,482,000 |
| Total capital | 97,985,000 | 102,837,000 | 106,692,000 | 88,153,000 |
| Risk-weighted assets | 925,328,000 | 980,790,000 | 990,644,000 | 1,001,818,000 |