Call reports 2008
FOUNDATION BANK — 2008
What FOUNDATION 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 | 104,077,000 | 103,230,000 | 104,078,000 | 106,031,000 |
| Total loans | 53,727,000 | 52,583,000 | 52,706,000 | 52,057,000 |
| Allowance for loan losses | 1,162,000 | 1,163,000 | 1,308,000 | 1,347,000 |
| Securities available for sale | 3,601,000 | 2,179,000 | 2,091,000 | 1,524,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 91,170,000 | 90,210,000 | 90,528,000 | 92,032,000 |
| Interest-bearing deposits | 76,442,000 | 74,335,000 | 74,973,000 | 75,228,000 |
| Noninterest-bearing deposits | 14,728,000 | 15,875,000 | 15,555,000 | 16,804,000 |
| Equity capital | 12,120,000 | 12,371,000 | 12,723,000 | 12,739,000 |
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 | 1,832,000 | 3,565,000 | 5,294,000 | 6,937,000 |
| Interest expense | 640,000 | 1,144,000 | 1,607,000 | 2,039,000 |
| Net interest income | 1,192,000 | 2,421,000 | 3,687,000 | 4,898,000 |
| Noninterest income | 527,000 | 1,089,000 | 1,762,000 | 2,187,000 |
| Noninterest expense | 1,207,000 | 2,513,000 | 3,635,000 | 5,172,000 |
| Provision for loan losses | 53,000 | 114,000 | 329,000 | 404,000 |
| Pretax income | 459,000 | 883,000 | 1,485,000 | 1,509,000 |
| Income tax | 154,000 | 318,000 | 562,000 | 565,000 |
| Net income | 305,000 | 565,000 | 923,000 | 944,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,101,000 | 12,361,000 | 12,719,000 | 12,739,000 |
| Total capital | 12,846,000 | 13,102,000 | 13,469,000 | 13,485,000 |
| Risk-weighted assets | 59,201,000 | 58,845,000 | 59,468,000 | 59,049,000 |