Call reports 2008
FIRSTBANK OF CHERRY CREEK — 2008
What FIRSTBANK OF CHERRY CREEK 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 | 389,084,000 | 419,595,000 | 420,239,000 | 439,611,000 |
| Total loans | 145,516,000 | 146,754,000 | 158,372,000 | 164,654,000 |
| Allowance for loan losses | 1,622,000 | 1,654,000 | 1,799,000 | 2,608,000 |
| Securities available for sale | 136,829,000 | 143,744,000 | 128,339,000 | 113,769,000 |
| Securities held to maturity | 81,144,000 | 80,427,000 | 81,455,000 | 85,843,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 353,143,000 | 357,841,000 | 357,556,000 | 381,413,000 |
| Interest-bearing deposits | 281,234,000 | 283,470,000 | 287,269,000 | 307,096,000 |
| Noninterest-bearing deposits | 71,909,000 | 74,371,000 | 70,287,000 | 74,316,000 |
| Equity capital | 23,829,000 | 24,736,000 | 26,079,000 | 21,584,000 |
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 | 5,516,000 | 11,104,000 | 16,782,000 | 22,360,000 |
| Interest expense | 2,283,000 | 4,042,000 | 5,754,000 | 7,357,000 |
| Net interest income | 3,233,000 | 7,062,000 | 11,028,000 | 15,003,000 |
| Noninterest income | 1,171,000 | 2,399,000 | 3,669,000 | 4,887,000 |
| Noninterest expense | 2,173,000 | 4,482,000 | 6,684,000 | 8,880,000 |
| Provision for loan losses | 153,000 | 246,000 | 406,000 | 1,259,000 |
| Pretax income | 2,078,000 | 4,733,000 | 7,807,000 | 10,047,000 |
| Income tax | 648,000 | 1,509,000 | 2,527,000 | 3,180,000 |
| Net income | 1,430,000 | 3,224,000 | 5,280,000 | 6,867,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,528,000 | 23,722,000 | 25,778,000 | 25,863,000 |
| Total capital | 24,207,000 | 25,434,000 | 27,639,000 | 28,497,000 |
| Risk-weighted assets | 185,330,000 | 189,805,000 | 200,666,000 | 210,659,000 |