Call reports 2008
ADVANTAGE BANK — 2008
What ADVANTAGE 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 | 49,812,000 | 47,349,000 | 48,052,000 | 47,086,000 |
| Total loans | 33,727,000 | 33,127,000 | 34,798,000 | 34,453,000 |
| Allowance for loan losses | 454,000 | 505,000 | 509,000 | 482,000 |
| Securities available for sale | 10,051,000 | 9,104,000 | 8,270,000 | 7,621,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,268,000 | 41,993,000 | 41,323,000 | 41,430,000 |
| Interest-bearing deposits | 33,744,000 | 31,401,000 | 30,611,000 | 30,764,000 |
| Noninterest-bearing deposits | 10,524,000 | 10,592,000 | 10,712,000 | 10,666,000 |
| Equity capital | 5,470,000 | 5,279,000 | 5,459,000 | 5,601,000 |
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 | 893,000 | 1,731,000 | 2,547,000 | 3,324,000 |
| Interest expense | 198,000 | 347,000 | 489,000 | 616,000 |
| Net interest income | 695,000 | 1,384,000 | 2,058,000 | 2,708,000 |
| Noninterest income | 268,000 | 509,000 | 760,000 | 959,000 |
| Noninterest expense | 699,000 | 1,397,000 | 2,089,000 | 2,885,000 |
| Provision for loan losses | 70,000 | 130,000 | 185,000 | 235,000 |
| Pretax income | 194,000 | 422,000 | 608,000 | 620,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 194,000 | 422,000 | 608,000 | 620,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,096,000 | 5,245,000 | 5,352,000 | 5,279,000 |
| Total capital | 5,544,000 | 5,676,000 | 5,790,000 | 5,699,000 |
| Risk-weighted assets | 35,801,000 | 34,439,000 | 34,971,000 | 33,549,000 |