Call reports 2008
FAR EAST NATIONAL BANK — 2008
What FAR EAST NATIONAL 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 | 2,013,136,000 | 2,111,810,000 | 2,073,854,000 | 2,221,617,000 |
| Total loans | 1,357,592,000 | 1,432,515,000 | 1,452,034,000 | 1,438,968,000 |
| Allowance for loan losses | 15,566,000 | 15,514,000 | 21,102,000 | 29,766,000 |
| Securities available for sale | 329,517,000 | 339,574,000 | 307,583,000 | 240,224,000 |
| Securities held to maturity | 61,813,000 | 61,642,000 | 60,387,000 | 58,507,000 |
| Trading assets | 81,505,000 | 86,500,000 | 58,182,000 | 47,028,000 |
| Total deposits | 1,360,073,000 | 1,428,781,000 | 1,468,095,000 | 1,661,499,000 |
| Interest-bearing deposits | 1,198,248,000 | 1,262,380,000 | 1,310,972,000 | 1,458,803,000 |
| Noninterest-bearing deposits | 161,825,000 | 166,401,000 | 157,123,000 | 202,696,000 |
| Equity capital | 216,736,000 | 218,947,000 | 206,883,000 | 201,877,000 |
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 | 32,527,000 | 62,702,000 | 93,118,000 | 119,353,000 |
| Interest expense | 15,799,000 | 29,248,000 | 42,587,000 | 56,346,000 |
| Net interest income | 16,728,000 | 33,454,000 | 50,531,000 | 63,007,000 |
| Noninterest income | 1,616,000 | 3,419,000 | -18,404,000 | -18,220,000 |
| Noninterest expense | 10,350,000 | 21,021,000 | 29,755,000 | 41,303,000 |
| Provision for loan losses | 6,400,000 | 6,400,000 | 15,520,000 | 29,400,000 |
| Pretax income | 2,369,000 | 10,202,000 | -12,343,000 | -24,682,000 |
| Income tax | 131,000 | 3,072,000 | -7,025,000 | -12,312,000 |
| Net income | 2,238,000 | 7,130,000 | -5,318,000 | -12,370,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 189,760,000 | 194,662,000 | 182,237,000 | 175,188,000 |
| Total capital | 221,170,000 | 216,027,000 | 204,090,000 | 196,558,000 |
| Risk-weighted assets | 1,713,272,000 | 1,782,587,000 | 1,748,169,000 | 1,700,329,000 |