Call reports 2008
FIRST INDEPENDENT BANK — 2008
What FIRST INDEPENDENT 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 | 893,976,000 | 957,682,000 | 1,003,111,000 | 982,315,000 |
| Total loans | 746,366,000 | 807,541,000 | 857,421,000 | 860,876,000 |
| Allowance for loan losses | 10,081,000 | 9,671,000 | 17,543,000 | 32,112,000 |
| Securities available for sale | 35,750,000 | 45,139,000 | 44,507,000 | 32,181,000 |
| Securities held to maturity | 73,129,000 | 53,853,000 | 62,036,000 | 68,685,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 672,063,000 | 684,404,000 | 773,547,000 | 800,306,000 |
| Interest-bearing deposits | 517,861,000 | 523,197,000 | 623,253,000 | 636,883,000 |
| Noninterest-bearing deposits | 154,202,000 | 161,207,000 | 150,294,000 | 163,422,000 |
| Equity capital | 100,642,000 | 98,056,000 | 98,148,000 | 79,297,000 |
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 | 13,868,000 | 26,413,000 | 40,531,000 | 54,104,000 |
| Interest expense | 4,584,000 | 8,111,000 | 11,977,000 | 15,895,000 |
| Net interest income | 9,284,000 | 18,302,000 | 28,554,000 | 38,209,000 |
| Noninterest income | 2,585,000 | 5,473,000 | 8,080,000 | 10,177,000 |
| Noninterest expense | 9,997,000 | 20,246,000 | 29,784,000 | 38,362,000 |
| Provision for loan losses | 0 | 2,617,000 | 12,158,000 | 31,912,000 |
| Pretax income | 1,949,000 | 1,034,000 | -5,163,000 | -21,735,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,949,000 | 1,034,000 | -5,163,000 | -21,735,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 99,567,000 | 97,931,000 | 97,891,000 | 81,964,000 |
| Total capital | 109,955,000 | 108,071,000 | 110,512,000 | 94,107,000 |
| Risk-weighted assets | 917,447,000 | 979,072,000 | 1,004,123,000 | 950,784,000 |
Machine access — free, no API key
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