Call reports 2008
CHARIS BANK — 2008
What CHARIS 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 | 69,108,000 | 75,701,000 | 79,320,000 | 72,222,000 |
| Total loans | 59,716,000 | 62,206,000 | 64,125,000 | 64,625,000 |
| Allowance for loan losses | 622,000 | 602,000 | 671,000 | 1,122,000 |
| Securities available for sale | 1,068,000 | 1,023,000 | 1,038,000 | 1,068,000 |
| Securities held to maturity | 1,000,000 | 1,000,000 | 1,000,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,369,000 | 68,307,000 | 71,499,000 | 64,738,000 |
| Interest-bearing deposits | 47,915,000 | 53,029,000 | 56,538,000 | 48,309,000 |
| Noninterest-bearing deposits | 14,454,000 | 15,278,000 | 14,961,000 | 16,429,000 |
| Equity capital | 6,582,000 | 7,233,000 | 7,670,000 | 6,621,000 |
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 | 1,341,000 | 2,673,000 | 3,956,000 | 5,167,000 |
| Interest expense | 320,000 | 618,000 | 897,000 | 1,089,000 |
| Net interest income | 1,021,000 | 2,055,000 | 3,059,000 | 4,078,000 |
| Noninterest income | 109,000 | 230,000 | 345,000 | 873,000 |
| Noninterest expense | 505,000 | 975,000 | 1,606,000 | 2,656,000 |
| Provision for loan losses | 0 | 0 | 70,000 | 596,000 |
| Pretax income | 625,000 | 1,310,000 | 1,728,000 | 1,699,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 625,000 | 1,310,000 | 1,728,000 | 1,699,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,548,000 | 7,233,000 | 7,652,000 | 6,571,000 |
| Total capital | 7,170,000 | 7,835,000 | 8,323,000 | 7,293,000 |
| Risk-weighted assets | 57,050,000 | 59,736,000 | 60,194,000 | 58,413,000 |