Call reports 2008
PERENNIAL BANK — 2008
What PERENNIAL 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 | 23,453,000 | 23,714,000 | 25,428,000 | 26,418,000 |
| Total loans | 11,816,000 | 12,681,000 | 12,890,000 | 13,465,000 |
| Allowance for loan losses | 243,000 | 228,000 | 230,000 | 243,000 |
| Securities available for sale | 6,261,000 | 6,140,000 | 6,976,000 | 6,738,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,890,000 | 21,241,000 | 22,885,000 | 23,824,000 |
| Interest-bearing deposits | 16,264,000 | 16,574,000 | 17,742,000 | 18,373,000 |
| Noninterest-bearing deposits | 4,626,000 | 4,667,000 | 5,143,000 | 5,451,000 |
| Equity capital | 2,374,000 | 2,266,000 | 2,312,000 | 2,435,000 |
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 | 331,000 | 648,000 | 998,000 | 1,347,000 |
| Interest expense | 117,000 | 226,000 | 328,000 | 426,000 |
| Net interest income | 214,000 | 422,000 | 670,000 | 921,000 |
| Noninterest income | 46,000 | 91,000 | 145,000 | 189,000 |
| Noninterest expense | 192,000 | 385,000 | 605,000 | 870,000 |
| Provision for loan losses | 6,000 | 12,000 | 20,000 | 29,000 |
| Pretax income | 69,000 | 123,000 | 197,000 | 218,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 69,000 | 123,000 | 197,000 | 218,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,346,000 | 2,369,000 | 2,421,000 | 2,426,000 |
| Total capital | 2,583,000 | 2,597,000 | 2,651,000 | 2,669,000 |
| Risk-weighted assets | 18,915,000 | 19,306,000 | 20,354,000 | 21,444,000 |