Call reports 2008
FIRSTBANK OF ARVADA — 2008
What FIRSTBANK OF ARVADA 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 | 344,325,000 | 356,116,000 | 353,199,000 | 364,522,000 |
| Total loans | 71,863,000 | 77,442,000 | 78,371,000 | 81,774,000 |
| Allowance for loan losses | 625,000 | 1,199,000 | 866,000 | 1,082,000 |
| Securities available for sale | 110,391,000 | 119,083,000 | 110,406,000 | 103,474,000 |
| Securities held to maturity | 148,453,000 | 148,086,000 | 147,488,000 | 147,370,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 321,037,000 | 317,117,000 | 317,200,000 | 333,126,000 |
| Interest-bearing deposits | 272,661,000 | 266,785,000 | 267,135,000 | 287,581,000 |
| Noninterest-bearing deposits | 48,376,000 | 50,331,000 | 50,065,000 | 45,545,000 |
| Equity capital | 19,602,000 | 20,248,000 | 21,020,000 | 19,307,000 |
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 | 4,802,000 | 9,814,000 | 14,822,000 | 19,813,000 |
| Interest expense | 2,108,000 | 3,774,000 | 5,337,000 | 6,856,000 |
| Net interest income | 2,694,000 | 6,040,000 | 9,485,000 | 12,957,000 |
| Noninterest income | 790,000 | 1,629,000 | 2,425,000 | 2,876,000 |
| Noninterest expense | 1,663,000 | 3,400,000 | 5,068,000 | 6,681,000 |
| Provision for loan losses | 60,000 | 637,000 | 760,000 | 931,000 |
| Pretax income | 1,761,000 | 3,632,000 | 5,128,000 | 7,305,000 |
| Income tax | 441,000 | 915,000 | 1,251,000 | 1,824,000 |
| Net income | 1,320,000 | 2,717,000 | 3,877,000 | 5,481,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,132,000 | 20,500,000 | 21,698,000 | 21,802,000 |
| Total capital | 19,771,000 | 21,714,000 | 22,588,000 | 22,908,000 |
| Risk-weighted assets | 125,588,000 | 131,421,000 | 132,545,000 | 138,417,000 |