Call reports 2008
AMERICAN ENTERPRISE BANK OF FLORIDA — 2008
What AMERICAN ENTERPRISE BANK OF FLORIDA 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 | 184,390,000 | 187,466,000 | 211,175,000 | 206,142,000 |
| Total loans | 170,359,000 | 175,257,000 | 181,792,000 | 179,787,000 |
| Allowance for loan losses | 1,770,000 | 1,835,000 | 2,097,000 | 2,549,000 |
| Securities available for sale | 4,510,000 | 4,204,000 | 4,128,000 | 9,124,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 163,352,000 | 169,041,000 | 182,844,000 | 178,169,000 |
| Interest-bearing deposits | 135,299,000 | 139,852,000 | 156,434,000 | 154,506,000 |
| Noninterest-bearing deposits | 28,053,000 | 29,189,000 | 26,410,000 | 23,663,000 |
| Equity capital | 16,235,000 | 16,689,000 | 16,784,000 | 16,211,000 |
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 | 2,994,000 | 5,846,000 | 8,692,000 | 11,339,000 |
| Interest expense | 1,382,000 | 2,595,000 | 3,907,000 | 5,188,000 |
| Net interest income | 1,612,000 | 3,251,000 | 4,785,000 | 6,151,000 |
| Noninterest income | 1,174,000 | 2,051,000 | 2,806,000 | 3,645,000 |
| Noninterest expense | 2,666,000 | 4,958,000 | 7,400,000 | 9,684,000 |
| Provision for loan losses | 376,000 | 516,000 | 834,000 | 1,437,000 |
| Pretax income | -256,000 | -172,000 | -643,000 | -1,325,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -256,000 | -172,000 | -643,000 | -1,325,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,161,000 | 16,745,000 | 16,774,000 | 16,092,000 |
| Total capital | 17,931,000 | 18,580,000 | 18,871,000 | 18,336,000 |
| Risk-weighted assets | 172,688,000 | 171,915,000 | 180,269,000 | 179,169,000 |