Call reports 2008
FIRST BANK OF MIAMI — 2008
What FIRST BANK OF MIAMI 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 | 164,211,000 | 187,761,000 | 210,679,000 | 213,581,000 |
| Total loans | 104,807,000 | 111,766,000 | 123,468,000 | 122,680,000 |
| Allowance for loan losses | 762,000 | 601,000 | 599,000 | 631,000 |
| Securities available for sale | 37,174,000 | 51,538,000 | 53,865,000 | 45,453,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 141,406,000 | 163,033,000 | 187,872,000 | 190,073,000 |
| Interest-bearing deposits | 110,775,000 | 129,091,000 | 150,222,000 | 156,007,000 |
| Noninterest-bearing deposits | 30,631,000 | 33,942,000 | 37,650,000 | 34,066,000 |
| Equity capital | 21,406,000 | 21,239,000 | 21,380,000 | 21,968,000 |
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 | 2,554,000 | 5,196,000 | 8,115,000 | 11,109,000 |
| Interest expense | 946,000 | 1,862,000 | 2,841,000 | 3,864,000 |
| Net interest income | 1,608,000 | 3,334,000 | 5,274,000 | 7,245,000 |
| Noninterest income | 380,000 | 730,000 | 1,124,000 | 1,520,000 |
| Noninterest expense | 1,724,000 | 3,692,000 | 5,605,000 | 7,606,000 |
| Provision for loan losses | 0 | -159,000 | -159,000 | -123,000 |
| Pretax income | 264,000 | 615,000 | 1,036,000 | 1,386,000 |
| Income tax | 102,000 | 240,000 | 406,000 | 549,000 |
| Net income | 162,000 | 375,000 | 630,000 | 837,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,130,000 | 21,342,000 | 21,598,000 | 21,805,000 |
| Total capital | 21,892,000 | 21,943,000 | 22,197,000 | 22,436,000 |
| Risk-weighted assets | 120,503,000 | 130,364,000 | 139,764,000 | 141,193,000 |