Call reports 2008
NEWBRIDGE BANK — 2008
What NEWBRIDGE 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 | 2,068,656,000 | 2,012,182,000 | 2,057,067,000 | 2,073,346,000 |
| Total loans | 1,546,922,000 | 1,574,141,000 | 1,626,504,000 | 1,604,525,000 |
| Allowance for loan losses | 30,310,000 | 31,281,000 | 30,984,000 | 35,806,000 |
| Securities available for sale | 334,858,000 | 197,870,000 | 233,211,000 | 251,668,000 |
| Securities held to maturity | 27,894,000 | 27,809,000 | 27,803,000 | 27,037,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,641,831,000 | 1,680,986,000 | 1,626,504,000 | 1,689,771,000 |
| Interest-bearing deposits | 1,465,197,000 | 1,501,325,000 | 1,451,075,000 | 1,513,880,000 |
| Noninterest-bearing deposits | 176,634,000 | 179,661,000 | 175,429,000 | 175,891,000 |
| Equity capital | 166,641,000 | 159,754,000 | 156,069,000 | 174,972,000 |
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 | 32,110,000 | 62,046,000 | 90,505,000 | 117,923,000 |
| Interest expense | 14,236,000 | 27,242,000 | 39,874,000 | 52,548,000 |
| Net interest income | 17,874,000 | 34,804,000 | 50,631,000 | 65,375,000 |
| Noninterest income | 4,179,000 | 8,856,000 | 13,499,000 | 18,123,000 |
| Noninterest expense | 16,928,000 | 34,209,000 | 51,870,000 | 72,472,000 |
| Provision for loan losses | 459,000 | 6,025,000 | 10,681,000 | 25,261,000 |
| Pretax income | 5,036,000 | 5,901,000 | 4,037,000 | -11,777,000 |
| Income tax | 1,574,000 | 1,814,000 | 1,087,000 | -6,194,000 |
| Net income | 3,462,000 | 4,087,000 | 2,950,000 | -5,583,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 157,316,000 | 155,155,000 | 152,540,000 | 166,360,000 |
| Total capital | 178,255,000 | 177,247,000 | 174,652,000 | 188,452,000 |
| Risk-weighted assets | 1,648,929,000 | 1,737,932,000 | 1,745,761,000 | 1,744,372,000 |