Call reports 2008
FIDELITY & TRUST BANK — 2008
What FIDELITY & TRUST BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 |
|---|---|---|
| Total assets | 459,065,000 | 461,029,000 |
| Total loans | 347,027,000 | 359,160,000 |
| Allowance for loan losses | 3,470,000 | 3,915,000 |
| Securities available for sale | 83,942,000 | 82,209,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 369,354,000 | 367,971,000 |
| Interest-bearing deposits | 309,734,000 | 311,346,000 |
| Noninterest-bearing deposits | 59,620,000 | 56,625,000 |
| Equity capital | 24,587,000 | 26,755,000 |
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 |
|---|---|---|
| Interest income | 7,492,000 | 14,070,000 |
| Interest expense | 3,723,000 | 6,968,000 |
| Net interest income | 3,769,000 | 7,102,000 |
| Noninterest income | -343,000 | -256,000 |
| Noninterest expense | 3,995,000 | 8,322,000 |
| Provision for loan losses | 311,000 | 756,000 |
| Pretax income | -880,000 | -2,232,000 |
| Income tax | -108,000 | -411,000 |
| Net income | -772,000 | -1,821,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 |
|---|---|---|
| Tier 1 capital | 23,738,000 | 26,822,000 |
| Total capital | 36,368,000 | 39,827,000 |
| Risk-weighted assets | 368,939,000 | 381,997,000 |