Call reports 2008
PORTAGE BANK — 2008
What PORTAGE 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 | 9,381,000 | 9,312,000 | 9,367,000 | 9,584,000 |
| Total loans | 5,404,000 | 5,873,000 | 6,078,000 | 6,322,000 |
| Allowance for loan losses | 126,000 | 126,000 | 126,000 | 137,000 |
| Securities available for sale | 2,989,000 | 2,606,000 | 2,252,000 | 2,017,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 7,746,000 | 7,503,000 | 7,483,000 | 7,676,000 |
| Interest-bearing deposits | 6,432,000 | 6,319,000 | 6,290,000 | 6,374,000 |
| Noninterest-bearing deposits | 1,314,000 | 1,184,000 | 1,193,000 | 1,301,000 |
| Equity capital | 1,174,000 | 1,168,000 | 1,212,000 | 1,225,000 |
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 | 134,000 | 283,000 | 420,000 | 556,000 |
| Interest expense | 42,000 | 81,000 | 116,000 | 149,000 |
| Net interest income | 92,000 | 202,000 | 304,000 | 407,000 |
| Noninterest income | 12,000 | 22,000 | 32,000 | 41,000 |
| Noninterest expense | 95,000 | 180,000 | 255,000 | 359,000 |
| Provision for loan losses | 0 | 0 | 0 | 10,000 |
| Pretax income | 9,000 | 44,000 | 81,000 | 79,000 |
| Income tax | 0 | 10,000 | 21,000 | 30,000 |
| Net income | 9,000 | 34,000 | 60,000 | 49,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,160,000 | 1,185,000 | 1,212,000 | 1,201,000 |
| Total capital | 1,234,000 | 1,262,000 | 1,291,000 | 1,278,000 |
| Risk-weighted assets | 5,951,000 | 6,133,000 | 6,290,000 | 6,158,000 |
Machine access — free, no API key
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