Call reports 2008
BANKFLORIDA — 2008
What BANKFLORIDA 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 | 27,788,000 | 27,101,000 | 28,888,000 | 28,406,000 |
| Total loans | 5,875,000 | 8,055,000 | 10,299,000 | 11,084,000 |
| Allowance for loan losses | 76,000 | 175,000 | 440,000 | 137,000 |
| Securities available for sale | 8,213,000 | 7,194,000 | 6,914,000 | 6,796,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,416,000 | 17,220,000 | 19,420,000 | 19,104,000 |
| Interest-bearing deposits | 14,911,000 | 11,896,000 | 14,745,000 | 14,636,000 |
| Noninterest-bearing deposits | 2,505,000 | 5,324,000 | 4,675,000 | 4,468,000 |
| Equity capital | 10,306,000 | 9,761,000 | 9,339,000 | 9,178,000 |
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 | 248,000 | 478,000 | 745,000 | 1,041,000 |
| Interest expense | 61,000 | 141,000 | 235,000 | 356,000 |
| Net interest income | 187,000 | 337,000 | 510,000 | 685,000 |
| Noninterest income | 2,000 | 7,000 | 10,000 | 13,000 |
| Noninterest expense | 517,000 | 1,018,000 | 1,557,000 | 2,073,000 |
| Provision for loan losses | 2,000 | 101,000 | 366,000 | 393,000 |
| Pretax income | -330,000 | -775,000 | -1,403,000 | -1,738,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -330,000 | -775,000 | -1,403,000 | -1,738,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,302,000 | 9,919,000 | 9,350,000 | 9,075,000 |
| Total capital | 10,378,000 | 10,081,000 | 9,530,000 | 9,212,000 |
| Risk-weighted assets | 10,545,000 | 12,182,000 | 14,127,000 | 16,181,000 |