Call reports 2008
1ST PACIFIC BANK OF CALIFORNIA — 2008
What 1ST PACIFIC BANK OF CALIFORNIA 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 | 421,801,000 | 451,795,000 | 445,130,000 | 420,443,000 |
| Total loans | 342,239,000 | 376,518,000 | 365,695,000 | 351,899,000 |
| Allowance for loan losses | 4,492,000 | 7,819,000 | 4,073,000 | 5,059,000 |
| Securities available for sale | 35,802,000 | 35,857,000 | 26,398,000 | 25,052,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 322,729,000 | 344,405,000 | 357,659,000 | 333,874,000 |
| Interest-bearing deposits | 252,777,000 | 275,604,000 | 287,094,000 | 271,301,000 |
| Noninterest-bearing deposits | 69,952,000 | 68,801,000 | 70,565,000 | 62,573,000 |
| Equity capital | 50,077,000 | 48,421,000 | 48,166,000 | 27,254,000 |
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 | 7,218,000 | 14,190,000 | 21,107,000 | 27,222,000 |
| Interest expense | 2,721,000 | 5,169,000 | 7,755,000 | 10,130,000 |
| Net interest income | 4,497,000 | 9,021,000 | 13,352,000 | 17,092,000 |
| Noninterest income | 232,000 | 527,000 | 965,000 | 1,197,000 |
| Noninterest expense | 3,838,000 | 7,902,000 | 11,811,000 | 26,180,000 |
| Provision for loan losses | 0 | 3,550,000 | 3,800,000 | 15,900,000 |
| Pretax income | 891,000 | -1,879,000 | -1,775,000 | -24,572,000 |
| Income tax | 371,000 | -765,000 | -735,000 | -2,972,000 |
| Net income | 520,000 | -1,114,000 | -1,040,000 | -21,600,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,541,000 | 35,797,000 | 35,753,000 | 23,530,000 |
| Total capital | 47,065,000 | 46,073,000 | 44,858,000 | 33,300,000 |
| Risk-weighted assets | 383,311,000 | 419,544,000 | 407,208,000 | 381,287,000 |