Call reports 2008
APEX BANK — 2008
What APEX 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 | 150,068,000 | 157,211,000 | 153,652,000 | 160,115,000 |
| Total loans | 65,297,000 | 76,895,000 | 87,762,000 | 90,849,000 |
| Allowance for loan losses | 971,000 | 999,000 | 1,326,000 | 1,477,000 |
| Securities available for sale | 55,764,000 | 55,504,000 | 39,636,000 | 38,470,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 116,127,000 | 113,447,000 | 113,549,000 | 117,743,000 |
| Interest-bearing deposits | 97,572,000 | 95,543,000 | 97,128,000 | 99,704,000 |
| Noninterest-bearing deposits | 18,555,000 | 17,904,000 | 16,421,000 | 18,039,000 |
| Equity capital | 25,845,000 | 24,485,000 | 24,490,000 | 24,806,000 |
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 | 1,885,000 | 3,841,000 | 6,183,000 | 8,442,000 |
| Interest expense | 871,000 | 1,635,000 | 2,365,000 | 3,103,000 |
| Net interest income | 1,014,000 | 2,206,000 | 3,818,000 | 5,339,000 |
| Noninterest income | 162,000 | 421,000 | 627,000 | 836,000 |
| Noninterest expense | 831,000 | 1,924,000 | 3,033,000 | 4,351,000 |
| Provision for loan losses | 180,000 | 270,000 | 660,000 | 910,000 |
| Pretax income | 195,000 | 463,000 | 977,000 | 1,150,000 |
| Income tax | -2,000 | 30,000 | 208,000 | 249,000 |
| Net income | 197,000 | 433,000 | 769,000 | 901,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,954,000 | 13,191,000 | 13,789,000 | 14,076,000 |
| Total capital | 13,925,000 | 14,190,000 | 14,916,000 | 15,252,000 |
| Risk-weighted assets | 80,141,000 | 85,107,000 | 89,984,000 | 93,747,000 |