Call reports 2008
AFFINITY BANK — 2008
What AFFINITY 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 | 360,630,000 | 361,250,000 | 379,933,000 | 395,649,000 |
| Total loans | 284,530,000 | 300,953,000 | 296,917,000 | 293,935,000 |
| Allowance for loan losses | 2,982,000 | 3,460,000 | 4,820,000 | 4,086,000 |
| Securities available for sale | 49,973,000 | 48,543,000 | 52,049,000 | 52,709,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 298,437,000 | 272,706,000 | 292,422,000 | 294,662,000 |
| Interest-bearing deposits | 280,004,000 | 253,633,000 | 271,564,000 | 275,117,000 |
| Noninterest-bearing deposits | 18,434,000 | 19,073,000 | 20,858,000 | 19,545,000 |
| Equity capital | 33,640,000 | 32,914,000 | 32,258,000 | 32,234,000 |
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 | 5,686,000 | 11,215,000 | 16,601,000 | 21,766,000 |
| Interest expense | 3,348,000 | 6,443,000 | 9,641,000 | 13,176,000 |
| Net interest income | 2,338,000 | 4,772,000 | 6,960,000 | 8,590,000 |
| Noninterest income | 82,000 | 150,000 | 241,000 | 331,000 |
| Noninterest expense | 1,511,000 | 3,108,000 | 4,666,000 | 7,834,000 |
| Provision for loan losses | 230,000 | 795,000 | 8,755,000 | 8,755,000 |
| Pretax income | 679,000 | 1,132,000 | -6,060,000 | -7,508,000 |
| Income tax | 241,000 | 397,000 | -2,348,000 | -2,831,000 |
| Net income | 438,000 | 735,000 | -3,712,000 | -4,677,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,180,000 | 33,484,000 | 33,069,000 | 32,449,000 |
| Total capital | 36,162,000 | 36,944,000 | 37,158,000 | 36,535,000 |
| Risk-weighted assets | 319,927,000 | 324,803,000 | 326,414,000 | 329,152,000 |