Call reports 2008
GREAT LAKES BANK, NATIONAL ASSOCIATION — 2008
What GREAT LAKES BANK, NATIONAL ASSOCIATION 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 | 675,557,000 | 687,176,000 | 681,333,000 | 692,383,000 |
| Total loans | 478,071,000 | 457,084,000 | 443,124,000 | 448,062,000 |
| Allowance for loan losses | 5,245,000 | 5,296,000 | 4,811,000 | 5,204,000 |
| Securities available for sale | 156,065,000 | 181,844,000 | 192,845,000 | 206,046,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 513,196,000 | 514,468,000 | 502,463,000 | 501,083,000 |
| Interest-bearing deposits | 402,179,000 | 402,872,000 | 394,448,000 | 386,952,000 |
| Noninterest-bearing deposits | 111,017,000 | 111,596,000 | 108,015,000 | 114,131,000 |
| Equity capital | 56,129,000 | 54,660,000 | 53,108,000 | 58,069,000 |
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 | 9,467,000 | 18,357,000 | 27,254,000 | 35,940,000 |
| Interest expense | 3,825,000 | 7,204,000 | 10,464,000 | 13,590,000 |
| Net interest income | 5,642,000 | 11,153,000 | 16,790,000 | 22,350,000 |
| Noninterest income | 1,171,000 | 2,788,000 | 4,972,000 | 6,078,000 |
| Noninterest expense | 4,823,000 | 9,502,000 | 14,374,000 | 19,013,000 |
| Provision for loan losses | 310,000 | 521,000 | 521,000 | 1,327,000 |
| Pretax income | 1,718,000 | 3,984,000 | 7,010,000 | 8,060,000 |
| Income tax | 503,000 | 1,159,000 | 2,308,000 | 2,618,000 |
| Net income | 1,215,000 | 2,825,000 | 4,702,000 | 5,442,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,114,000 | 56,724,000 | 58,601,000 | 59,342,000 |
| Total capital | 60,359,000 | 62,020,000 | 63,413,000 | 64,546,000 |
| Risk-weighted assets | 515,809,000 | 507,020,000 | 495,960,000 | 509,530,000 |