Call reports 2008
HOMEBANC — 2008
What HOMEBANC 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 | 53,855,000 | 65,686,000 | 91,895,000 | 101,123,000 |
| Total loans | 26,412,000 | 41,697,000 | 54,037,000 | 59,765,000 |
| Allowance for loan losses | 163,000 | 242,000 | 406,000 | 753,000 |
| Securities available for sale | 0 | 510,000 | 3,954,000 | 5,274,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,535,000 | 30,637,000 | 58,392,000 | 59,025,000 |
| Interest-bearing deposits | 14,345,000 | 25,783,000 | 56,719,000 | 56,693,000 |
| Noninterest-bearing deposits | 4,190,000 | 4,854,000 | 1,673,000 | 2,332,000 |
| Equity capital | 34,371,000 | 33,605,000 | 32,311,000 | 31,502,000 |
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 | 585,000 | 1,218,000 | 2,193,000 | 3,401,000 |
| Interest expense | 175,000 | 373,000 | 873,000 | 1,532,000 |
| Net interest income | 410,000 | 845,000 | 1,320,000 | 1,869,000 |
| Noninterest income | 67,000 | 673,000 | 1,221,000 | 1,690,000 |
| Noninterest expense | 1,107,000 | 3,337,000 | 6,419,000 | 8,867,000 |
| Provision for loan losses | 85,000 | 164,000 | 328,000 | 675,000 |
| Pretax income | -715,000 | -1,983,000 | -4,206,000 | -5,983,000 |
| Income tax | -268,000 | -744,000 | -1,546,000 | -2,240,000 |
| Net income | -447,000 | -1,239,000 | -2,660,000 | -3,743,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,071,000 | 31,834,000 | 29,749,000 | 28,078,000 |
| Total capital | 33,234,000 | 32,076,000 | 30,163,000 | 28,846,000 |
| Risk-weighted assets | 31,062,000 | 57,378,000 | 83,680,000 | 85,381,000 |