Call reports 2008
ALTA ALLIANCE BANK — 2008
What ALTA ALLIANCE 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 | 102,759,000 | 108,047,000 | 126,811,000 | 140,373,000 |
| Total loans | 45,626,000 | 57,098,000 | 77,575,000 | 93,927,000 |
| Allowance for loan losses | 416,000 | 548,000 | 768,000 | 1,235,000 |
| Securities available for sale | 30,817,000 | 27,859,000 | 27,327,000 | 27,127,000 |
| Securities held to maturity | 0 | 5,946,000 | 3,350,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,567,000 | 82,863,000 | 83,074,000 | 113,027,000 |
| Interest-bearing deposits | 58,711,000 | 61,454,000 | 72,630,000 | 102,796,000 |
| Noninterest-bearing deposits | 22,857,000 | 21,409,000 | 10,444,000 | 10,231,000 |
| Equity capital | 21,081,000 | 20,949,000 | 18,695,000 | 16,551,000 |
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 | 1,266,000 | 2,626,000 | 4,012,000 | 5,826,000 |
| Interest expense | 452,000 | 857,000 | 1,363,000 | 1,969,000 |
| Net interest income | 814,000 | 1,769,000 | 2,649,000 | 3,857,000 |
| Noninterest income | 86,000 | 136,000 | 193,000 | 276,000 |
| Noninterest expense | 1,433,000 | 2,886,000 | 4,362,000 | 5,984,000 |
| Provision for loan losses | 39,000 | 170,000 | 390,000 | 907,000 |
| Pretax income | -572,000 | -1,151,000 | -6,560,000 | -11,079,000 |
| Income tax | -236,000 | -479,000 | -2,751,000 | -4,649,000 |
| Net income | -336,000 | -672,000 | -3,809,000 | -6,430,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,440,000 | 22,261,000 | 19,289,000 | 16,291,000 |
| Total capital | 22,856,000 | 22,809,000 | 20,057,000 | 17,526,000 |
| Risk-weighted assets | 73,594,000 | 82,891,000 | 102,781,000 | 117,711,000 |