Call reports 2008
CURRENCY BANK — 2008
What CURRENCY 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 | 18,327,000 | 17,815,000 | 17,904,000 | 20,473,000 |
| Total loans | 7,365,000 | 7,213,000 | 7,412,000 | 6,843,000 |
| Allowance for loan losses | 120,000 | 123,000 | 125,000 | 130,000 |
| Securities available for sale | 8,563,000 | 8,060,000 | 6,999,000 | 6,165,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 15,965,000 | 15,498,000 | 15,673,000 | 18,140,000 |
| Interest-bearing deposits | 12,472,000 | 11,941,000 | 11,980,000 | 14,848,000 |
| Noninterest-bearing deposits | 3,493,000 | 3,557,000 | 3,693,000 | 3,292,000 |
| Equity capital | 2,272,000 | 2,231,000 | 2,158,000 | 2,262,000 |
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 | 275,000 | 541,000 | 798,000 | 1,049,000 |
| Interest expense | 109,000 | 207,000 | 282,000 | 348,000 |
| Net interest income | 166,000 | 334,000 | 516,000 | 701,000 |
| Noninterest income | 64,000 | 126,000 | 185,000 | 236,000 |
| Noninterest expense | 189,000 | 380,000 | 575,000 | 781,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 42,000 | 88,000 | 136,000 | 177,000 |
| Income tax | 14,000 | 30,000 | 48,000 | 60,000 |
| Net income | 28,000 | 58,000 | 88,000 | 117,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,270,000 | 2,263,000 | 2,241,000 | 2,260,000 |
| Total capital | 2,390,000 | 2,386,000 | 2,367,000 | 2,383,000 |
| Risk-weighted assets | 11,320,000 | 11,049,000 | 12,205,000 | 9,876,000 |