Call reports 2008
GAINESVILLE BANK & TRUST — 2008
What GAINESVILLE BANK & TRUST reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 |
|---|---|---|
| Total assets | 646,373,000 | 689,543,000 |
| Total loans | 524,007,000 | 486,819,000 |
| Allowance for loan losses | 8,788,000 | 63,600,000 |
| Securities available for sale | 64,834,000 | 50,287,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 1,103,000 |
| Total deposits | 472,729,000 | 408,879,000 |
| Interest-bearing deposits | 388,998,000 | 343,238,000 |
| Noninterest-bearing deposits | 83,731,000 | 65,641,000 |
| Equity capital | 70,811,000 | 111,628,000 |
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 |
|---|---|---|
| Interest income | 9,931,000 | 5,246,000 |
| Interest expense | 5,077,000 | 2,266,000 |
| Net interest income | 4,854,000 | 2,980,000 |
| Noninterest income | 1,148,000 | 1,069,000 |
| Noninterest expense | 4,494,000 | 3,458,000 |
| Provision for loan losses | 4,027,000 | 623,000 |
| Pretax income | -2,376,000 | -32,000 |
| Income tax | -1,003,000 | 60,000 |
| Net income | -1,373,000 | -92,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 |
|---|---|---|
| Tier 1 capital | 54,209,000 | 49,080,000 |
| Total capital | 61,091,000 | 56,027,000 |
| Risk-weighted assets | 548,647,000 | 499,127,000 |