Call reports 2008
FIRST SERVICE BANK — 2008
What FIRST SERVICE 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 | 203,821,000 | 211,200,000 | 212,367,000 | 219,617,000 |
| Total loans | 174,271,000 | 181,429,000 | 184,912,000 | 187,577,000 |
| Allowance for loan losses | 3,018,000 | 2,721,000 | 2,807,000 | 2,690,000 |
| Securities available for sale | 4,541,000 | 4,376,000 | 4,286,000 | 4,244,000 |
| Securities held to maturity | 5,644,000 | 5,480,000 | 4,888,000 | 4,893,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 181,959,000 | 185,475,000 | 185,897,000 | 190,666,000 |
| Interest-bearing deposits | 158,061,000 | 160,182,000 | 161,569,000 | 163,658,000 |
| Noninterest-bearing deposits | 23,897,000 | 25,293,000 | 24,329,000 | 27,009,000 |
| Equity capital | 16,172,000 | 16,097,000 | 16,313,000 | 16,800,000 |
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 | 3,905,000 | 7,702,000 | 11,442,000 | 15,180,000 |
| Interest expense | 1,449,000 | 2,764,000 | 3,993,000 | 5,166,000 |
| Net interest income | 2,456,000 | 4,938,000 | 7,449,000 | 10,014,000 |
| Noninterest income | 748,000 | 1,485,000 | 2,251,000 | 3,121,000 |
| Noninterest expense | 2,243,000 | 4,388,000 | 6,741,000 | 9,327,000 |
| Provision for loan losses | 192,000 | 357,000 | 515,000 | 686,000 |
| Pretax income | 769,000 | 1,678,000 | 2,444,000 | 3,122,000 |
| Income tax | 233,000 | 450,000 | 667,000 | 888,000 |
| Net income | 536,000 | 1,228,000 | 1,777,000 | 2,234,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,126,000 | 16,180,000 | 16,485,000 | 16,826,000 |
| Total capital | 18,272,000 | 18,389,000 | 18,751,000 | 19,093,000 |
| Risk-weighted assets | 170,838,000 | 176,208,000 | 180,222,000 | 183,792,000 |