Call reports 2008
SOLVAY BANK — 2008
What SOLVAY 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 | 503,807,000 | 524,686,000 | 526,896,000 | 511,937,000 |
| Total loans | 351,937,000 | 357,975,000 | 361,909,000 | 361,712,000 |
| Allowance for loan losses | 6,958,000 | 7,006,000 | 6,748,000 | 6,434,000 |
| Securities available for sale | 102,799,000 | 121,595,000 | 116,446,000 | 121,400,000 |
| Securities held to maturity | 10,858,000 | 7,775,000 | 8,813,000 | 8,658,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 448,833,000 | 471,715,000 | 472,573,000 | 457,195,000 |
| Interest-bearing deposits | 372,534,000 | 386,737,000 | 383,060,000 | 372,515,000 |
| Noninterest-bearing deposits | 76,299,000 | 84,978,000 | 89,513,000 | 84,680,000 |
| Equity capital | 44,360,000 | 44,160,000 | 45,129,000 | 45,747,000 |
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 | 6,915,000 | 13,792,000 | 20,750,000 | 27,449,000 |
| Interest expense | 2,767,000 | 5,423,000 | 7,889,000 | 10,108,000 |
| Net interest income | 4,148,000 | 8,369,000 | 12,861,000 | 17,341,000 |
| Noninterest income | 1,171,000 | 2,100,000 | 2,988,000 | 3,864,000 |
| Noninterest expense | 3,223,000 | 6,404,000 | 9,665,000 | 12,841,000 |
| Provision for loan losses | 75,000 | 150,000 | 275,000 | 800,000 |
| Pretax income | 2,030,000 | 3,926,000 | 5,922,000 | 7,601,000 |
| Income tax | 619,000 | 1,174,000 | 1,753,000 | 2,256,000 |
| Net income | 1,411,000 | 2,752,000 | 4,169,000 | 5,345,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,457,000 | 44,432,000 | 45,487,000 | 46,262,000 |
| Total capital | 47,234,000 | 48,274,000 | 49,347,000 | 50,013,000 |
| Risk-weighted assets | 299,019,000 | 304,222,000 | 305,905,000 | 297,433,000 |