Call reports 2008
RIVERSIDE BANK OF THE GULF COAST — 2008
What RIVERSIDE BANK OF THE GULF COAST 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 | 535,046,000 | 620,537,000 | 554,444,000 | 523,673,000 |
| Total loans | 412,231,000 | 406,660,000 | 392,693,000 | 373,537,000 |
| Allowance for loan losses | 14,663,000 | 14,070,000 | 16,846,000 | 15,139,000 |
| Securities available for sale | 83,829,000 | 79,147,000 | 57,919,000 | 47,496,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 403,842,000 | 494,262,000 | 440,700,000 | 422,708,000 |
| Interest-bearing deposits | 341,753,000 | 442,254,000 | 395,920,000 | 383,860,000 |
| Noninterest-bearing deposits | 62,089,000 | 52,008,000 | 44,780,000 | 38,848,000 |
| Equity capital | 34,076,000 | 29,471,000 | 18,072,000 | -2,595,000 |
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 | 7,765,000 | 14,152,000 | 20,701,000 | 26,302,000 |
| Interest expense | 4,605,000 | 9,295,000 | 13,871,000 | 18,112,000 |
| Net interest income | 3,160,000 | 4,857,000 | 6,830,000 | 8,190,000 |
| Noninterest income | 1,017,000 | 2,018,000 | 3,044,000 | 3,781,000 |
| Noninterest expense | 4,487,000 | 9,462,000 | 14,392,000 | 18,328,000 |
| Provision for loan losses | 7,300,000 | 16,590,000 | 23,926,000 | 43,199,000 |
| Pretax income | -7,587,000 | -19,154,000 | -27,969,000 | -49,243,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -7,587,000 | -19,154,000 | -27,969,000 | -49,243,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,857,000 | 36,540,000 | 27,978,000 | 6,698,000 |
| Total capital | 44,139,000 | 41,818,000 | 32,897,000 | 11,406,000 |
| Risk-weighted assets | 418,210,000 | 413,419,000 | 393,785,000 | 375,768,000 |