Call reports 2008
CHESAPEAKE BANK — 2008
What CHESAPEAKE 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 | 496,759,000 | 524,803,000 | 524,231,000 | 533,660,000 |
| Total loans | 366,300,000 | 388,611,000 | 389,650,000 | 396,207,000 |
| Allowance for loan losses | 5,935,000 | 5,970,000 | 6,352,000 | 5,669,000 |
| Securities available for sale | 97,900,000 | 97,867,000 | 98,564,000 | 91,034,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 389,753,000 | 410,069,000 | 416,548,000 | 429,773,000 |
| Interest-bearing deposits | 323,174,000 | 343,340,000 | 353,109,000 | 365,549,000 |
| Noninterest-bearing deposits | 66,579,000 | 66,729,000 | 63,439,000 | 64,224,000 |
| Equity capital | 43,351,000 | 42,673,000 | 42,555,000 | 40,974,000 |
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 | 8,265,000 | 16,923,000 | 25,729,000 | 34,441,000 |
| Interest expense | 3,118,000 | 6,125,000 | 9,265,000 | 12,252,000 |
| Net interest income | 5,147,000 | 10,798,000 | 16,464,000 | 22,189,000 |
| Noninterest income | 1,958,000 | 3,768,000 | 5,816,000 | 7,572,000 |
| Noninterest expense | 4,835,000 | 10,054,000 | 15,256,000 | 20,475,000 |
| Provision for loan losses | 460,000 | 500,000 | 945,000 | 1,265,000 |
| Pretax income | 1,903,000 | 4,119,000 | 6,186,000 | 8,128,000 |
| Income tax | 514,000 | 1,112,000 | 1,670,000 | 2,155,000 |
| Net income | 1,389,000 | 3,007,000 | 4,516,000 | 5,973,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,337,000 | 43,655,000 | 44,864,000 | 46,021,000 |
| Total capital | 47,483,000 | 49,098,000 | 50,012,000 | 51,606,000 |
| Risk-weighted assets | 410,863,000 | 434,901,000 | 446,434,000 | 446,677,000 |