Call reports 2008
WEBBANK — 2008
What WEBBANK 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 | 34,490,000 | 43,740,000 | 46,461,000 | 43,717,000 |
| Total loans | 29,231,000 | 35,366,000 | 41,308,000 | 38,198,000 |
| Allowance for loan losses | 525,000 | 676,000 | 1,533,000 | 2,302,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 2,000 | 2,000 | 2,000 | 2,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,534,000 | 33,465,000 | 37,352,000 | 31,431,000 |
| Interest-bearing deposits | 24,434,000 | 33,365,000 | 37,251,000 | 31,431,000 |
| Noninterest-bearing deposits | 100,000 | 100,000 | 100,000 | 0 |
| Equity capital | 8,743,000 | 8,959,000 | 7,978,000 | 10,757,000 |
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 | 701,000 | 1,580,000 | 2,576,000 | 3,453,000 |
| Interest expense | 204,000 | 495,000 | 798,000 | 1,083,000 |
| Net interest income | 497,000 | 1,085,000 | 1,778,000 | 2,370,000 |
| Noninterest income | 1,204,000 | 2,065,000 | 2,452,000 | 2,951,000 |
| Noninterest expense | 1,180,000 | 2,306,000 | 3,531,000 | 4,873,000 |
| Provision for loan losses | 312,000 | 503,000 | 1,661,000 | 2,908,000 |
| Pretax income | 209,000 | 341,000 | -962,000 | -2,460,000 |
| Income tax | -67,000 | -151,000 | -473,000 | -751,000 |
| Net income | 276,000 | 492,000 | -489,000 | -1,709,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,497,000 | 8,666,000 | 7,659,000 | 10,462,000 |
| Total capital | 8,817,000 | 9,099,000 | 8,150,000 | 10,936,000 |
| Risk-weighted assets | 25,368,000 | 34,382,000 | 38,260,000 | 36,093,000 |