Call reports 2008
FIRST CENTURY BANK — 2008
What FIRST CENTURY 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 | 277,338,000 | 268,528,000 | 260,189,000 | 263,964,000 |
| Total loans | 176,545,000 | 178,565,000 | 182,004,000 | 176,881,000 |
| Allowance for loan losses | 2,768,000 | 2,605,000 | 2,632,000 | 4,590,000 |
| Securities available for sale | 52,740,000 | 57,161,000 | 50,807,000 | 48,363,000 |
| Securities held to maturity | 3,305,000 | 2,785,000 | 2,480,000 | 2,080,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 246,515,000 | 233,895,000 | 230,142,000 | 234,751,000 |
| Interest-bearing deposits | 213,606,000 | 199,687,000 | 196,295,000 | 202,009,000 |
| Noninterest-bearing deposits | 32,909,000 | 34,208,000 | 33,847,000 | 32,742,000 |
| Equity capital | 29,725,000 | 29,309,000 | 28,965,000 | 28,022,000 |
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 | 4,120,000 | 8,069,000 | 11,917,000 | 15,589,000 |
| Interest expense | 1,800,000 | 3,421,000 | 4,868,000 | 6,312,000 |
| Net interest income | 2,320,000 | 4,648,000 | 7,049,000 | 9,277,000 |
| Noninterest income | 640,000 | 1,557,000 | 2,261,000 | 2,840,000 |
| Noninterest expense | 2,236,000 | 4,743,000 | 8,458,000 | 10,875,000 |
| Provision for loan losses | 50,000 | 250,000 | 500,000 | 2,800,000 |
| Pretax income | 777,000 | 1,315,000 | 455,000 | -1,452,000 |
| Income tax | 196,000 | 283,000 | -38,000 | -986,000 |
| Net income | 581,000 | 1,032,000 | 493,000 | -466,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,223,000 | 29,323,000 | 28,784,000 | 27,825,000 |
| Total capital | 31,665,000 | 31,738,000 | 31,197,000 | 30,213,000 |
| Risk-weighted assets | 195,020,000 | 193,036,000 | 192,853,000 | 188,863,000 |