Call reports 2008
FOUNDERS BANK — 2008
What FOUNDERS 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 | 980,356,000 | 972,371,000 | 963,701,000 | 930,707,000 |
| Total loans | 666,920,000 | 658,489,000 | 639,461,000 | 618,246,000 |
| Allowance for loan losses | 7,988,000 | 7,076,000 | 12,759,000 | 14,701,000 |
| Securities available for sale | 229,456,000 | 223,088,000 | 229,741,000 | 220,777,000 |
| Securities held to maturity | 3,876,000 | 3,911,000 | 4,256,000 | 5,054,000 |
| Trading assets | 160,000 | 120,000 | 92,000 | 0 |
| Total deposits | 792,656,000 | 802,767,000 | 800,620,000 | 791,550,000 |
| Interest-bearing deposits | 649,275,000 | 649,837,000 | 658,325,000 | 652,128,000 |
| Noninterest-bearing deposits | 143,381,000 | 152,930,000 | 142,295,000 | 139,422,000 |
| Equity capital | 62,116,000 | 58,895,000 | 54,826,000 | 48,689,000 |
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 | 14,173,000 | 27,147,000 | 38,763,000 | 49,642,000 |
| Interest expense | 6,739,000 | 12,579,000 | 17,980,000 | 23,045,000 |
| Net interest income | 7,434,000 | 14,568,000 | 20,783,000 | 26,597,000 |
| Noninterest income | 2,421,000 | 4,976,000 | 8,066,000 | 10,224,000 |
| Noninterest expense | 6,714,000 | 14,097,000 | 20,750,000 | 28,222,000 |
| Provision for loan losses | 0 | 1,100,000 | 8,316,000 | 13,036,000 |
| Pretax income | 3,332,000 | 3,998,000 | -754,000 | -9,212,000 |
| Income tax | 1,163,000 | 1,297,000 | -670,000 | -3,261,000 |
| Net income | 2,169,000 | 2,701,000 | -84,000 | -5,951,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 66,049,000 | 65,738,000 | 62,954,000 | 57,075,000 |
| Total capital | 84,041,000 | 82,821,000 | 82,730,000 | 76,415,000 |
| Risk-weighted assets | 814,410,000 | 806,689,000 | 779,059,000 | 741,804,000 |