Call reports 2008
REPUBLIC BANK, THE — 2008
What REPUBLIC BANK, THE 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 | 508,519,000 | 493,389,000 | 503,371,000 | 521,460,000 |
| Total loans | 457,815,000 | 460,432,000 | 469,397,000 | 479,942,000 |
| Allowance for loan losses | 6,428,000 | 4,741,000 | 4,456,000 | 6,542,000 |
| Securities available for sale | 16,758,000 | 18,698,000 | 22,084,000 | 37,749,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 446,059,000 | 424,936,000 | 427,667,000 | 437,354,000 |
| Interest-bearing deposits | 440,657,000 | 419,431,000 | 423,168,000 | 434,350,000 |
| Noninterest-bearing deposits | 5,402,000 | 5,505,000 | 4,499,000 | 3,004,000 |
| Equity capital | 48,785,000 | 51,686,000 | 55,239,000 | 58,051,000 |
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 | 10,820,000 | 21,391,000 | 32,143,000 | 43,083,000 |
| Interest expense | 5,568,000 | 10,718,000 | 15,761,000 | 20,725,000 |
| Net interest income | 5,252,000 | 10,673,000 | 16,382,000 | 22,358,000 |
| Noninterest income | 32,000 | 84,000 | 239,000 | 446,000 |
| Noninterest expense | 1,088,000 | 2,026,000 | 3,004,000 | 4,788,000 |
| Provision for loan losses | 778,000 | 2,890,000 | 4,390,000 | 6,723,000 |
| Pretax income | 3,418,000 | 5,841,000 | 9,227,000 | 11,293,000 |
| Income tax | 301,000 | 601,000 | 902,000 | 427,000 |
| Net income | 3,117,000 | 5,240,000 | 8,325,000 | 10,866,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,793,000 | 52,072,000 | 55,734,000 | 58,100,000 |
| Total capital | 54,725,000 | 56,812,000 | 60,190,000 | 64,455,000 |
| Risk-weighted assets | 474,061,000 | 473,788,000 | 484,328,000 | 508,192,000 |