Call reports 2008
SHOREBANK — 2008
What SHOREBANK 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 | 2,245,021,000 | 2,265,205,000 | 2,367,567,000 | 2,420,425,000 |
| Total loans | 1,398,158,000 | 1,455,647,000 | 1,486,482,000 | 1,529,008,000 |
| Allowance for loan losses | 13,458,000 | 15,370,000 | 21,516,000 | 45,700,000 |
| Securities available for sale | 526,788,000 | 486,535,000 | 523,957,000 | 604,871,000 |
| Securities held to maturity | 22,666,000 | 22,739,000 | 22,726,000 | 22,708,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,330,724,000 | 1,332,903,000 | 1,416,003,000 | 1,540,156,000 |
| Interest-bearing deposits | 1,296,923,000 | 1,294,259,000 | 1,373,408,000 | 1,503,166,000 |
| Noninterest-bearing deposits | 33,801,000 | 38,644,000 | 42,595,000 | 36,990,000 |
| Equity capital | 148,514,000 | 144,650,000 | 156,769,000 | 150,529,000 |
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 | 34,700,000 | 69,142,000 | 103,768,000 | 136,902,000 |
| Interest expense | 19,316,000 | 37,245,000 | 55,304,000 | 74,496,000 |
| Net interest income | 15,384,000 | 31,897,000 | 48,464,000 | 62,406,000 |
| Noninterest income | 1,682,000 | 2,569,000 | 5,063,000 | 6,902,000 |
| Noninterest expense | 11,747,000 | 23,415,000 | 35,838,000 | 45,618,000 |
| Provision for loan losses | 1,500,000 | 5,500,000 | 14,100,000 | 41,176,000 |
| Pretax income | 4,364,000 | 6,327,000 | 4,635,000 | -16,211,000 |
| Income tax | 1,353,000 | 1,742,000 | 1,039,000 | -7,760,000 |
| Net income | 3,011,000 | 4,585,000 | 3,596,000 | -8,451,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 132,648,000 | 135,008,000 | 151,121,000 | 138,216,000 |
| Total capital | 146,106,000 | 150,376,000 | 169,701,000 | 156,834,000 |
| Risk-weighted assets | 1,394,621,000 | 1,431,835,000 | 1,484,206,000 | 1,461,643,000 |