Call reports 2008
BANK47 — 2008
What BANK47 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 | 84,877,000 | 80,295,000 | 78,280,000 | 81,186,000 |
| Total loans | 50,581,000 | 54,042,000 | 52,828,000 | 55,283,000 |
| Allowance for loan losses | 670,000 | 695,000 | 735,000 | 857,000 |
| Securities available for sale | 17,419,000 | 17,943,000 | 17,922,000 | 18,564,000 |
| Securities held to maturity | 800,000 | 800,000 | 560,000 | 560,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,674,000 | 69,377,000 | 69,058,000 | 65,397,000 |
| Interest-bearing deposits | 59,721,000 | 59,778,000 | 58,918,000 | 57,863,000 |
| Noninterest-bearing deposits | 15,953,000 | 9,599,000 | 10,140,000 | 7,534,000 |
| Equity capital | 8,216,000 | 8,055,000 | 8,150,000 | 7,916,000 |
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 | 1,311,000 | 2,589,000 | 3,854,000 | 4,990,000 |
| Interest expense | 581,000 | 1,106,000 | 1,593,000 | 2,047,000 |
| Net interest income | 730,000 | 1,483,000 | 2,261,000 | 2,943,000 |
| Noninterest income | 246,000 | 524,000 | 795,000 | 915,000 |
| Noninterest expense | 783,000 | 1,569,000 | 2,364,000 | 2,943,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 273,000 |
| Pretax income | 148,000 | 339,000 | 548,000 | 633,000 |
| Income tax | 29,000 | 69,000 | 116,000 | 113,000 |
| Net income | 119,000 | 270,000 | 432,000 | 520,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,110,000 | 8,210,000 | 8,323,000 | 7,921,000 |
| Total capital | 8,780,000 | 8,905,000 | 9,023,000 | 8,662,000 |
| Risk-weighted assets | 54,573,000 | 56,926,000 | 55,946,000 | 59,197,000 |