Call reports 2008
TRUST COMPANY, THE — 2008
What TRUST COMPANY, 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 | 17,291,000 | 25,341,000 | 34,410,000 | 38,957,000 |
| Total loans | 6,246,000 | 15,269,000 | 18,594,000 | 25,415,000 |
| Allowance for loan losses | 17,000 | 43,000 | 49,000 | 66,000 |
| Securities available for sale | 697,000 | 3,658,000 | 4,177,000 | 7,006,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 8,653,000 | 16,791,000 | 25,811,000 | 30,351,000 |
| Interest-bearing deposits | 6,512,000 | 12,873,000 | 21,033,000 | 26,268,000 |
| Noninterest-bearing deposits | 2,141,000 | 3,918,000 | 4,777,000 | 4,084,000 |
| Equity capital | 8,194,000 | 8,051,000 | 8,059,000 | 8,009,000 |
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 | 160,000 | 366,000 | 691,000 | 1,064,000 |
| Interest expense | 28,000 | 79,000 | 171,000 | 281,000 |
| Net interest income | 132,000 | 287,000 | 520,000 | 783,000 |
| Noninterest income | 1,160,000 | 2,382,000 | 3,555,000 | 4,643,000 |
| Noninterest expense | 1,432,000 | 2,904,000 | 4,413,000 | 6,014,000 |
| Provision for loan losses | 17,000 | 42,000 | 49,000 | 66,000 |
| Pretax income | -157,000 | -277,000 | -387,000 | -654,000 |
| Income tax | -47,000 | -79,000 | -108,000 | -164,000 |
| Net income | -110,000 | -198,000 | -279,000 | -490,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,133,000 | 7,938,000 | 7,899,000 | 7,763,000 |
| Total capital | 8,150,000 | 7,981,000 | 7,948,000 | 7,829,000 |
| Risk-weighted assets | 9,514,000 | 18,656,000 | 23,399,000 | 28,821,000 |