Call reports 2008
BANK OF ADVANCE, THE — 2008
What BANK OF ADVANCE, 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 | 214,324,000 | 214,164,000 | 217,010,000 | 222,567,000 |
| Total loans | 144,927,000 | 148,410,000 | 155,822,000 | 158,122,000 |
| Allowance for loan losses | 2,245,000 | 2,339,000 | 2,402,000 | 2,435,000 |
| Securities available for sale | 44,650,000 | 46,170,000 | 45,560,000 | 46,370,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 171,706,000 | 171,196,000 | 165,519,000 | 180,156,000 |
| Interest-bearing deposits | 147,722,000 | 146,905,000 | 143,155,000 | 155,044,000 |
| Noninterest-bearing deposits | 23,984,000 | 24,291,000 | 22,364,000 | 25,112,000 |
| Equity capital | 30,664,000 | 30,862,000 | 31,962,000 | 31,818,000 |
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 | 3,653,000 | 7,159,000 | 10,653,000 | 14,142,000 |
| Interest expense | 1,460,000 | 2,739,000 | 3,901,000 | 5,042,000 |
| Net interest income | 2,193,000 | 4,420,000 | 6,752,000 | 9,100,000 |
| Noninterest income | 427,000 | 910,000 | 1,379,000 | 1,789,000 |
| Noninterest expense | 1,365,000 | 2,807,000 | 4,170,000 | 5,665,000 |
| Provision for loan losses | 131,000 | 257,000 | 404,000 | 579,000 |
| Pretax income | 1,124,000 | 2,266,000 | 3,557,000 | 4,645,000 |
| Income tax | 9,000 | 13,000 | 17,000 | 20,000 |
| Net income | 1,115,000 | 2,253,000 | 3,540,000 | 4,625,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,816,000 | 30,954,000 | 32,241,000 | 31,075,000 |
| Total capital | 31,707,000 | 32,875,000 | 34,223,000 | 33,092,000 |
| Risk-weighted assets | 150,958,000 | 153,327,000 | 158,174,000 | 160,985,000 |