Call reports 2008
PROMISEONE BANK — 2008
What PROMISEONE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q4 |
|---|---|
| Total assets | 16,247,000 |
| Total loans | 3,720,000 |
| Allowance for loan losses | 0 |
| Securities available for sale | 5,054,000 |
| Securities held to maturity | 0 |
| Trading assets | 0 |
| Total deposits | 1,549,000 |
| Interest-bearing deposits | 1,090,000 |
| Noninterest-bearing deposits | 459,000 |
| Equity capital | 14,695,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q4 |
|---|---|
| Interest income | 136,000 |
| Interest expense | 66,000 |
| Net interest income | 70,000 |
| Noninterest income | 0 |
| Noninterest expense | 1,439,000 |
| Provision for loan losses | 0 |
| Pretax income | -1,369,000 |
| Income tax | -515,000 |
| Net income | -854,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q4 |
|---|---|
| Tier 1 capital | 14,670,000 |
| Total capital | 14,670,000 |
| Risk-weighted assets | 1,443,000 |