Call reports 2008
BUSINESS BANK, THE — 2008
What BUSINESS BANK, THE 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 | 309,433,000 | 338,411,000 | 354,425,000 | 385,664,000 |
| Total loans | 272,296,000 | 305,488,000 | 320,661,000 | 315,330,000 |
| Allowance for loan losses | 2,445,000 | 2,586,000 | 2,719,000 | 3,042,000 |
| Securities available for sale | 12,438,000 | 13,817,000 | 15,248,000 | 27,085,000 |
| Securities held to maturity | 4,332,000 | 4,335,000 | 4,338,000 | 4,341,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 276,832,000 | 288,154,000 | 311,341,000 | 337,628,000 |
| Interest-bearing deposits | 256,096,000 | 264,197,000 | 287,818,000 | 313,225,000 |
| Noninterest-bearing deposits | 20,736,000 | 23,957,000 | 23,524,000 | 24,403,000 |
| Equity capital | 26,278,000 | 28,654,000 | 30,562,000 | 31,035,000 |
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 | 4,803,000 | 9,426,000 | 14,318,000 | 19,190,000 |
| Interest expense | 2,996,000 | 5,780,000 | 8,624,000 | 11,324,000 |
| Net interest income | 1,807,000 | 3,646,000 | 5,694,000 | 7,866,000 |
| Noninterest income | 51,000 | 107,000 | 168,000 | -269,000 |
| Noninterest expense | 1,357,000 | 2,719,000 | 4,005,000 | 4,934,000 |
| Provision for loan losses | 117,000 | 297,000 | 547,000 | 1,288,000 |
| Pretax income | 420,000 | 773,000 | 1,347,000 | 1,412,000 |
| Income tax | 142,000 | 274,000 | 487,000 | 344,000 |
| Net income | 278,000 | 499,000 | 860,000 | 1,068,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,142,000 | 28,862,000 | 30,655,000 | 30,797,000 |
| Total capital | 28,587,000 | 31,448,000 | 33,374,000 | 33,839,000 |
| Risk-weighted assets | 283,494,000 | 313,420,000 | 328,601,000 | 324,792,000 |