Call reports 2008
AMALGAMATED BANK OF CHICAGO — 2008
What AMALGAMATED BANK OF CHICAGO 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 | 765,337,000 | 723,615,000 | 746,701,000 | 736,954,000 |
| Total loans | 420,385,000 | 402,554,000 | 413,374,000 | 421,598,000 |
| Allowance for loan losses | 4,872,000 | 4,992,000 | 5,577,000 | 6,817,000 |
| Securities available for sale | 117,953,000 | 112,364,000 | 177,837,000 | 163,441,000 |
| Securities held to maturity | 4,323,000 | 2,285,000 | 1,968,000 | 1,931,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 626,233,000 | 591,143,000 | 596,713,000 | 601,578,000 |
| Interest-bearing deposits | 429,590,000 | 409,245,000 | 399,064,000 | 398,240,000 |
| Noninterest-bearing deposits | 196,643,000 | 181,898,000 | 197,649,000 | 203,338,000 |
| Equity capital | 62,742,000 | 61,797,000 | 60,031,000 | 60,299,000 |
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 | 8,958,000 | 17,262,000 | 25,345,000 | 33,104,000 |
| Interest expense | 3,098,000 | 5,353,000 | 7,420,000 | 9,114,000 |
| Net interest income | 5,860,000 | 11,909,000 | 17,925,000 | 23,990,000 |
| Noninterest income | 5,227,000 | 10,796,000 | 16,045,000 | 21,448,000 |
| Noninterest expense | 8,545,000 | 17,289,000 | 25,987,000 | 34,679,000 |
| Provision for loan losses | 615,000 | 1,230,000 | 4,245,000 | 6,140,000 |
| Pretax income | 1,948,000 | 4,207,000 | 3,759,000 | 4,640,000 |
| Income tax | 746,000 | 1,611,000 | 1,440,000 | 1,777,000 |
| Net income | 1,202,000 | 2,596,000 | 2,319,000 | 2,863,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 62,229,000 | 62,823,000 | 61,296,000 | 61,228,000 |
| Total capital | 67,101,000 | 67,815,000 | 66,873,000 | 67,654,000 |
| Risk-weighted assets | 507,641,000 | 490,572,000 | 518,793,000 | 513,661,000 |