Call reports 2008
PARTNERS BANK OF CALIFORNIA — 2008
What PARTNERS BANK OF CALIFORNIA 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 | 39,136,000 | 49,569,000 | 50,146,000 | 58,707,000 |
| Total loans | 3,609,000 | 18,869,000 | 20,615,000 | 30,801,000 |
| Allowance for loan losses | 45,000 | 234,000 | 262,000 | 429,000 |
| Securities available for sale | 9,063,000 | 8,459,000 | 8,256,000 | 15,910,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,730,000 | 30,197,000 | 31,571,000 | 45,063,000 |
| Interest-bearing deposits | 15,956,000 | 24,057,000 | 23,624,000 | 38,169,000 |
| Noninterest-bearing deposits | 4,774,000 | 6,140,000 | 7,946,000 | 6,894,000 |
| Equity capital | 16,267,000 | 15,245,000 | 14,418,000 | 13,404,000 |
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 | 245,000 | 592,000 | 1,053,000 | 1,525,000 |
| Interest expense | 54,000 | 155,000 | 282,000 | 415,000 |
| Net interest income | 191,000 | 437,000 | 771,000 | 1,110,000 |
| Noninterest income | 0 | 2,000 | 5,000 | 12,000 |
| Noninterest expense | 1,091,000 | 2,216,000 | 3,365,000 | 4,663,000 |
| Provision for loan losses | 45,000 | 234,000 | 262,000 | 429,000 |
| Pretax income | -945,000 | -2,011,000 | -2,851,000 | -3,970,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | -945,000 | -2,012,000 | -2,852,000 | -3,971,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,161,000 | 15,166,000 | 14,394,000 | 13,300,000 |
| Total capital | 16,214,000 | 15,407,000 | 14,674,000 | 13,746,000 |
| Risk-weighted assets | 10,414,000 | 24,826,000 | 29,013,000 | 38,549,000 |