Call reports 2008
ADVANTAGE BANK — 2008
What ADVANTAGE 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 | 1,030,542,000 | 1,026,038,000 | 1,024,165,000 | 998,508,000 |
| Total loans | 805,514,000 | 800,331,000 | 793,257,000 | 776,033,000 |
| Allowance for loan losses | 7,853,000 | 8,174,000 | 7,465,000 | 15,747,000 |
| Securities available for sale | 91,849,000 | 92,320,000 | 88,498,000 | 85,209,000 |
| Securities held to maturity | 2,705,000 | 2,823,000 | 11,705,000 | 13,406,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 738,290,000 | 735,717,000 | 735,618,000 | 730,631,000 |
| Interest-bearing deposits | 722,457,000 | 721,490,000 | 721,307,000 | 714,406,000 |
| Noninterest-bearing deposits | 15,833,000 | 14,227,000 | 14,311,000 | 16,225,000 |
| Equity capital | 86,373,000 | 86,121,000 | 87,668,000 | 71,372,000 |
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 | 15,216,000 | 29,641,000 | 43,857,000 | 57,217,000 |
| Interest expense | 8,519,000 | 16,283,000 | 23,638,000 | 30,632,000 |
| Net interest income | 6,697,000 | 13,358,000 | 20,219,000 | 26,585,000 |
| Noninterest income | 942,000 | 2,392,000 | 3,882,000 | 1,292,000 |
| Noninterest expense | 6,650,000 | 12,866,000 | 18,864,000 | 31,749,000 |
| Provision for loan losses | 2,322,000 | 3,172,000 | 3,762,000 | 14,793,000 |
| Pretax income | -1,331,000 | -286,000 | 1,477,000 | -18,663,000 |
| Income tax | -542,000 | -197,000 | 192,000 | -4,495,000 |
| Net income | -789,000 | -89,000 | 1,285,000 | -14,168,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 78,425,000 | 79,100,000 | 80,458,000 | 69,961,000 |
| Total capital | 86,278,000 | 87,274,000 | 87,923,000 | 78,372,000 |
| Risk-weighted assets | 700,489,000 | 698,281,000 | 698,200,000 | 665,523,000 |