Call reports 2008
BUSINESS BANK, THE — 2008
What BUSINESS BANK, THE 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 | 225,343,000 | 229,741,000 | 226,923,000 | 239,738,000 |
| Total loans | 177,256,000 | 182,337,000 | 185,189,000 | 192,967,000 |
| Allowance for loan losses | 2,492,000 | 2,512,000 | 2,552,000 | 2,612,000 |
| Securities available for sale | 26,417,000 | 28,112,000 | 23,100,000 | 28,447,000 |
| Securities held to maturity | 6,712,000 | 6,301,000 | 6,290,000 | 4,946,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 203,353,000 | 207,584,000 | 204,770,000 | 216,957,000 |
| Interest-bearing deposits | 166,902,000 | 169,733,000 | 159,991,000 | 179,335,000 |
| Noninterest-bearing deposits | 36,451,000 | 37,851,000 | 44,779,000 | 37,622,000 |
| Equity capital | 20,988,000 | 20,936,000 | 21,213,000 | 21,882,000 |
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 | 3,569,000 | 7,253,000 | 10,887,000 | 14,453,000 |
| Interest expense | 1,488,000 | 2,866,000 | 4,142,000 | 5,362,000 |
| Net interest income | 2,081,000 | 4,387,000 | 6,745,000 | 9,091,000 |
| Noninterest income | 150,000 | 309,000 | 459,000 | 601,000 |
| Noninterest expense | 1,966,000 | 3,995,000 | 5,973,000 | 8,076,000 |
| Provision for loan losses | 0 | 20,000 | 60,000 | 120,000 |
| Pretax income | 280,000 | 696,000 | 1,186,000 | 1,511,000 |
| Income tax | 74,000 | 186,000 | 332,000 | 425,000 |
| Net income | 206,000 | 510,000 | 854,000 | 1,086,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,037,000 | 20,256,000 | 20,530,000 | 20,792,000 |
| Total capital | 22,334,000 | 22,573,000 | 22,890,000 | 23,344,000 |
| Risk-weighted assets | 182,965,000 | 185,141,000 | 188,610,000 | 204,063,000 |