Call reports 2008
FOUNDERS COMMUNITY BANK — 2008
What FOUNDERS COMMUNITY 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 | 86,005,000 | 92,219,000 | 94,327,000 | 95,673,000 |
| Total loans | 76,823,000 | 84,172,000 | 84,585,000 | 85,948,000 |
| Allowance for loan losses | 951,000 | 1,046,000 | 1,159,000 | 1,297,000 |
| Securities available for sale | 503,000 | 485,000 | 487,000 | 502,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,425,000 | 76,098,000 | 79,549,000 | 82,889,000 |
| Interest-bearing deposits | 54,254,000 | 57,332,000 | 59,734,000 | 61,204,000 |
| Noninterest-bearing deposits | 19,171,000 | 18,766,000 | 19,815,000 | 21,685,000 |
| Equity capital | 11,409,000 | 11,482,000 | 11,585,000 | 11,625,000 |
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 | 1,492,000 | 2,981,000 | 4,541,000 | 5,966,000 |
| Interest expense | 450,000 | 799,000 | 1,176,000 | 1,499,000 |
| Net interest income | 1,042,000 | 2,182,000 | 3,365,000 | 4,467,000 |
| Noninterest income | 75,000 | 135,000 | 207,000 | 263,000 |
| Noninterest expense | 968,000 | 1,940,000 | 2,933,000 | 3,884,000 |
| Provision for loan losses | 41,000 | 136,000 | 249,000 | 438,000 |
| Pretax income | 108,000 | 241,000 | 390,000 | 408,000 |
| Income tax | 50,000 | 117,000 | 188,000 | 204,000 |
| Net income | 58,000 | 124,000 | 202,000 | 204,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,406,000 | 11,496,000 | 11,597,000 | 11,623,000 |
| Total capital | 12,379,000 | 12,559,000 | 12,744,000 | 12,777,000 |
| Risk-weighted assets | 84,855,000 | 89,788,000 | 91,683,000 | 92,298,000 |