Call reports 2008
ENCORE BANK — 2008
What ENCORE 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 | 18,408,000 | 23,433,000 | 23,402,000 | 28,975,000 |
| Total loans | 5,502,000 | 6,272,000 | 8,867,000 | 12,860,000 |
| Allowance for loan losses | 67,000 | 75,000 | 106,000 | 218,000 |
| Securities available for sale | 6,034,000 | 6,105,000 | 5,991,000 | 6,544,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 9,235,000 | 14,731,000 | 15,006,000 | 20,330,000 |
| Interest-bearing deposits | 8,594,000 | 14,024,000 | 14,178,000 | 19,852,000 |
| Noninterest-bearing deposits | 641,000 | 707,000 | 828,000 | 478,000 |
| Equity capital | 9,122,000 | 8,643,000 | 8,338,000 | 8,563,000 |
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 | 172,000 | 381,000 | 610,000 | 851,000 |
| Interest expense | 62,000 | 170,000 | 290,000 | 441,000 |
| Net interest income | 110,000 | 211,000 | 320,000 | 410,000 |
| Noninterest income | 0 | 13,000 | 21,000 | 38,000 |
| Noninterest expense | 408,000 | 888,000 | 1,348,000 | 1,775,000 |
| Provision for loan losses | 37,000 | 45,000 | 76,000 | 188,000 |
| Pretax income | -335,000 | -709,000 | -1,083,000 | -1,513,000 |
| Income tax | 0 | 0 | 0 | -585,000 |
| Net income | -335,000 | -709,000 | -1,083,000 | -928,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,551,000 | 8,124,000 | 7,785,000 | 7,390,000 |
| Total capital | 8,618,000 | 8,199,000 | 7,891,000 | 7,608,000 |
| Risk-weighted assets | 10,636,000 | 12,647,000 | 14,667,000 | 18,146,000 |