Call reports 2008
CONSTITUTION BANK, NATIONAL ASSOCIATION — 2008
What CONSTITUTION BANK, NATIONAL ASSOCIATION 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 | 212,046,000 | 212,299,000 | 209,337,000 | 224,357,000 |
| Total loans | 127,029,000 | 138,482,000 | 142,878,000 | 148,048,000 |
| Allowance for loan losses | 2,249,000 | 2,245,000 | 2,232,000 | 2,156,000 |
| Securities available for sale | 66,580,000 | 58,248,000 | 52,276,000 | 57,642,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 188,961,000 | 185,745,000 | 176,945,000 | 197,184,000 |
| Interest-bearing deposits | 170,559,000 | 166,611,000 | 158,109,000 | 176,048,000 |
| Noninterest-bearing deposits | 18,402,000 | 19,134,000 | 18,836,000 | 21,136,000 |
| Equity capital | 19,955,000 | 19,595,000 | 19,958,000 | 21,022,000 |
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 | 3,096,000 | 6,144,000 | 9,121,000 | 12,113,000 |
| Interest expense | 1,437,000 | 2,697,000 | 3,838,000 | 5,010,000 |
| Net interest income | 1,659,000 | 3,447,000 | 5,283,000 | 7,103,000 |
| Noninterest income | 398,000 | 712,000 | 1,118,000 | 1,537,000 |
| Noninterest expense | 1,465,000 | 2,974,000 | 4,450,000 | 5,901,000 |
| Provision for loan losses | 4,000 | 4,000 | 4,000 | 9,000 |
| Pretax income | 588,000 | 1,209,000 | 1,966,000 | 2,665,000 |
| Income tax | 179,000 | 361,000 | 600,000 | 793,000 |
| Net income | 409,000 | 848,000 | 1,366,000 | 1,872,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,431,000 | 19,870,000 | 20,388,000 | 20,895,000 |
| Total capital | 21,267,000 | 21,802,000 | 22,346,000 | 22,918,000 |
| Risk-weighted assets | 146,443,000 | 154,282,000 | 156,362,000 | 161,691,000 |