Call reports 2008
PATRIOTS BANK — 2008
What PATRIOTS 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 | 100,751,000 | 96,583,000 | 97,539,000 | 102,173,000 |
| Total loans | 72,239,000 | 70,070,000 | 70,261,000 | 76,816,000 |
| Allowance for loan losses | 566,000 | 540,000 | 577,000 | 1,214,000 |
| Securities available for sale | 20,196,000 | 17,013,000 | 17,481,000 | 16,580,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,948,000 | 81,649,000 | 82,130,000 | 83,274,000 |
| Interest-bearing deposits | 76,296,000 | 72,668,000 | 72,155,000 | 73,783,000 |
| Noninterest-bearing deposits | 9,652,000 | 8,981,000 | 9,975,000 | 9,491,000 |
| Equity capital | 7,331,000 | 7,175,000 | 7,359,000 | 7,041,000 |
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 | 1,815,000 | 3,168,000 | 4,661,000 | 6,224,000 |
| Interest expense | 669,000 | 1,266,000 | 1,793,000 | 2,283,000 |
| Net interest income | 1,146,000 | 1,902,000 | 2,868,000 | 3,941,000 |
| Noninterest income | 346,000 | 617,000 | 916,000 | 1,133,000 |
| Noninterest expense | 1,281,000 | 1,994,000 | 2,906,000 | 3,979,000 |
| Provision for loan losses | 54,000 | 52,000 | 140,000 | 848,000 |
| Pretax income | 157,000 | 498,000 | 762,000 | 271,000 |
| Income tax | 5,000 | 19,000 | 30,000 | 35,000 |
| Net income | 152,000 | 479,000 | 732,000 | 236,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,775,000 | 7,011,000 | 7,174,000 | 6,290,000 |
| Total capital | 7,342,000 | 7,551,000 | 7,751,000 | 7,263,000 |
| Risk-weighted assets | 67,506,000 | 69,602,000 | 71,330,000 | 77,617,000 |