Call reports 2008
COMMUNITY FIRST BANK — 2008
What COMMUNITY FIRST 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 | 262,521,000 | 263,401,000 | 261,307,000 | 256,629,000 |
| Total loans | 171,001,000 | 174,786,000 | 180,779,000 | 179,063,000 |
| Allowance for loan losses | 2,566,000 | 2,624,000 | 2,679,000 | 2,582,000 |
| Securities available for sale | 70,994,000 | 67,504,000 | 57,346,000 | 56,342,000 |
| Securities held to maturity | 5,381,000 | 5,380,000 | 5,380,000 | 5,325,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 165,004,000 | 165,347,000 | 165,808,000 | 167,712,000 |
| Interest-bearing deposits | 148,571,000 | 146,227,000 | 146,850,000 | 151,201,000 |
| Noninterest-bearing deposits | 16,433,000 | 19,120,000 | 18,958,000 | 16,511,000 |
| Equity capital | 19,227,000 | 19,636,000 | 17,334,000 | 17,980,000 |
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 | 4,205,000 | 8,280,000 | 12,263,000 | 16,123,000 |
| Interest expense | 2,022,000 | 3,826,000 | 5,586,000 | 7,157,000 |
| Net interest income | 2,183,000 | 4,454,000 | 6,677,000 | 8,966,000 |
| Noninterest income | 376,000 | 869,000 | 1,302,000 | 1,601,000 |
| Noninterest expense | 1,681,000 | 3,407,000 | 5,180,000 | 6,945,000 |
| Provision for loan losses | 72,000 | 147,000 | 245,000 | 290,000 |
| Pretax income | 832,000 | 1,795,000 | -3,456,000 | -2,697,000 |
| Income tax | 289,000 | 620,000 | -1,322,000 | -1,148,000 |
| Net income | 543,000 | 1,175,000 | -2,134,000 | -1,549,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,094,000 | 22,464,000 | 18,893,000 | 19,216,000 |
| Total capital | 24,286,000 | 24,709,000 | 21,068,000 | 21,372,000 |
| Risk-weighted assets | 174,995,000 | 179,260,000 | 173,526,000 | 172,041,000 |