Call reports 2008
PROSPECT BANK — 2008
What PROSPECT 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 | 197,595,000 | 198,216,000 | 214,599,000 | 233,472,000 |
| Total loans | 126,071,000 | 119,693,000 | 133,217,000 | 149,929,000 |
| Allowance for loan losses | 2,310,000 | 2,322,000 | 2,262,000 | 2,078,000 |
| Securities available for sale | 55,273,000 | 60,894,000 | 63,551,000 | 64,589,000 |
| Securities held to maturity | 60,000 | 60,000 | 60,000 | 30,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 161,898,000 | 164,890,000 | 166,264,000 | 186,805,000 |
| Interest-bearing deposits | 151,251,000 | 153,083,000 | 153,980,000 | 175,869,000 |
| Noninterest-bearing deposits | 10,647,000 | 11,807,000 | 12,284,000 | 10,936,000 |
| Equity capital | 20,455,000 | 19,190,000 | 20,221,000 | 21,550,000 |
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 | 2,907,000 | 5,692,000 | 8,513,000 | 11,503,000 |
| Interest expense | 1,574,000 | 2,985,000 | 4,265,000 | 5,499,000 |
| Net interest income | 1,333,000 | 2,707,000 | 4,248,000 | 6,004,000 |
| Noninterest income | 358,000 | 615,000 | 904,000 | 1,199,000 |
| Noninterest expense | 1,046,000 | 2,281,000 | 3,478,000 | 5,043,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 638,000 | 1,087,000 | 1,776,000 | 2,262,000 |
| Income tax | 0 | 5,000 | 10,000 | 15,000 |
| Net income | 638,000 | 1,082,000 | 1,766,000 | 2,247,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,446,000 | 17,809,000 | 18,193,000 | 18,500,000 |
| Total capital | 19,243,000 | 19,561,000 | 20,119,000 | 20,578,000 |
| Risk-weighted assets | 143,261,000 | 139,579,000 | 153,724,000 | 170,357,000 |