Call reports 2008
AMERICAN EXCHANGE BANK — 2008
What AMERICAN EXCHANGE 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 | 65,586,000 | 67,440,000 | 68,867,000 | 68,271,000 |
| Total loans | 42,371,000 | 42,589,000 | 43,798,000 | 45,284,000 |
| Allowance for loan losses | 621,000 | 534,000 | 503,000 | 440,000 |
| Securities available for sale | 13,592,000 | 13,400,000 | 13,942,000 | 14,490,000 |
| Securities held to maturity | 233,000 | 233,000 | 233,000 | 233,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,546,000 | 60,515,000 | 61,771,000 | 61,144,000 |
| Interest-bearing deposits | 49,647,000 | 51,501,000 | 52,706,000 | 52,925,000 |
| Noninterest-bearing deposits | 8,898,000 | 9,014,000 | 9,065,000 | 8,219,000 |
| Equity capital | 6,227,000 | 6,134,000 | 6,360,000 | 5,857,000 |
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 | 1,072,000 | 2,120,000 | 3,181,000 | 4,247,000 |
| Interest expense | 370,000 | 705,000 | 1,023,000 | 1,305,000 |
| Net interest income | 702,000 | 1,415,000 | 2,158,000 | 2,942,000 |
| Noninterest income | 151,000 | 264,000 | 398,000 | 534,000 |
| Noninterest expense | 561,000 | 1,140,000 | 1,760,000 | 2,524,000 |
| Provision for loan losses | 0 | 0 | 0 | 7,000 |
| Pretax income | 298,000 | 559,000 | 817,000 | 966,000 |
| Income tax | 47,000 | 80,000 | 129,000 | 168,000 |
| Net income | 251,000 | 479,000 | 688,000 | 798,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,034,000 | 6,178,000 | 6,330,000 | 5,704,000 |
| Total capital | 6,615,000 | 6,712,000 | 6,833,000 | 6,144,000 |
| Risk-weighted assets | 46,441,000 | 46,487,000 | 46,801,000 | 47,312,000 |