Call reports 2008

FIRST AVENUE NATIONAL BANK — 2008

Name: FIRST AVENUE NATIONAL BANK — FFIEC call report 2008
Creator: FIRST AVENUE NATIONAL BANK

What FIRST AVENUE NATIONAL BANK reported to the FFIEC in 2008, quarter by quarter.

PERIOD: 2008SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/df8a3d70-9f1e-4d24-9401-f640437a7b28/2008

Balance sheet

What the bank holds and owes at quarter end

Measure	2008Q1	2008Q2	2008Q3	2008Q4
Total assets	45,203,000	57,112,000	64,809,000	72,142,000
Total loans	33,113,000	41,351,000	47,079,000	54,495,000
Allowance for loan losses	420,000	536,000	648,000	1,194,000
Securities available for sale	4,542,000	4,217,000	4,151,000	5,105,000
Securities held to maturity	0	0	0	0
Trading assets	0	0	0	0
Total deposits	27,571,000	39,071,000	46,824,000	50,910,000
Interest-bearing deposits	23,897,000	34,708,000	42,093,000	47,093,000
Noninterest-bearing deposits	3,674,000	4,363,000	4,731,000	3,817,000
Equity capital	12,061,000	11,937,000	11,821,000	11,431,000

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	615,000	1,318,000	2,135,000	3,020,000
Interest expense	222,000	486,000	853,000	1,305,000
Net interest income	393,000	832,000	1,282,000	1,715,000
Noninterest income	15,000	43,000	76,000	108,000
Noninterest expense	412,000	856,000	1,420,000	2,046,000
Provision for loan losses	97,000	213,000	400,000	944,000
Pretax income	-101,000	-194,000	-462,000	-1,167,000
Income tax	-34,000	-65,000	-162,000	-424,000
Net income	-67,000	-129,000	-300,000	-743,000

Basel measures — not reported for every quarter

Measure	2008Q1	2008Q2	2008Q3	2008Q4
Tier 1 capital	11,386,000	11,261,000	11,033,000	10,366,000
Total capital	11,806,000	11,797,000	11,681,000	11,176,000
Risk-weighted assets	43,145,000	51,967,000	57,950,000	64,454,000