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 | 1,172,207,000 | 1,231,576,000 | 1,247,692,000 | 1,231,605,000 |
| Total loans | 890,576,000 | 933,413,000 | 916,832,000 | 917,611,000 |
| Allowance for loan losses | 12,701,000 | 17,339,000 | 12,476,000 | 20,364,000 |
| Securities available for sale | 158,838,000 | 230,757,000 | 225,459,000 | 228,816,000 |
| Securities held to maturity | 83,999,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 692,988,000 | 774,093,000 | 820,695,000 | 867,329,000 |
| Interest-bearing deposits | 678,234,000 | 753,072,000 | 800,441,000 | 850,881,000 |
| Noninterest-bearing deposits | 14,754,000 | 21,021,000 | 20,254,000 | 16,448,000 |
| Equity capital | 85,808,000 | 80,599,000 | 80,292,000 | 47,301,000 |
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 | 20,173,000 | 40,252,000 | 60,153,000 | 77,851,000 |
| Interest expense | 11,829,000 | 22,815,000 | 34,051,000 | 48,358,000 |
| Net interest income | 8,344,000 | 17,437,000 | 26,102,000 | 29,493,000 |
| Noninterest income | 564,000 | 680,000 | 898,000 | -1,670,000 |
| Noninterest expense | 7,337,000 | 14,343,000 | 21,210,000 | 28,998,000 |
| Provision for loan losses | 2,648,000 | 15,025,000 | 19,464,000 | 36,827,000 |
| Pretax income | -1,026,000 | -11,159,000 | -13,582,000 | -37,966,000 |
| Income tax | -46,000 | -537,000 | -640,000 | 224,000 |
| Net income | -980,000 | -10,622,000 | -12,942,000 | -38,190,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 87,499,000 | 82,776,000 | 84,468,000 | 59,564,000 |
| Total capital | 98,924,000 | 94,401,000 | 95,955,000 | 71,278,000 |
| Risk-weighted assets | 912,645,000 | 924,276,000 | 917,893,000 | 928,399,000 |