Call reports 2008
ADVANTAGE COMMUNITY BANK — 2008
What ADVANTAGE COMMUNITY 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 | 118,866,000 | 116,865,000 | 115,518,000 | 114,637,000 |
| Total loans | 91,987,000 | 95,825,000 | 94,058,000 | 94,372,000 |
| Allowance for loan losses | 1,224,000 | 1,239,000 | 1,245,000 | 1,210,000 |
| Securities available for sale | 4,478,000 | 6,468,000 | 6,234,000 | 6,116,000 |
| Securities held to maturity | 186,000 | 155,000 | 155,000 | 155,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 94,814,000 | 94,044,000 | 94,042,000 | 93,202,000 |
| Interest-bearing deposits | 86,514,000 | 84,769,000 | 85,680,000 | 84,988,000 |
| Noninterest-bearing deposits | 8,300,000 | 9,275,000 | 8,362,000 | 8,214,000 |
| Equity capital | 10,449,000 | 10,433,000 | 10,685,000 | 10,763,000 |
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 | 1,744,000 | 3,331,000 | 4,916,000 | 6,405,000 |
| Interest expense | 872,000 | 1,663,000 | 2,408,000 | 3,090,000 |
| Net interest income | 872,000 | 1,668,000 | 2,508,000 | 3,315,000 |
| Noninterest income | 170,000 | 320,000 | 445,000 | 534,000 |
| Noninterest expense | 587,000 | 1,159,000 | 1,719,000 | 2,335,000 |
| Provision for loan losses | 2,000 | 15,000 | 57,000 | 344,000 |
| Pretax income | 453,000 | 814,000 | 1,177,000 | 1,170,000 |
| Income tax | 164,000 | 288,000 | 411,000 | 404,000 |
| Net income | 289,000 | 526,000 | 766,000 | 766,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,940,000 | 9,977,000 | 10,217,000 | 10,216,000 |
| Total capital | 11,221,000 | 11,199,000 | 11,519,000 | 11,483,000 |
| Risk-weighted assets | 112,148,000 | 111,640,000 | 110,886,000 | 112,236,000 |