Call reports 2008
PILGRIM BANK — 2008
What PILGRIM 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 | 226,674,000 | 293,341,000 | 298,590,000 | 302,261,000 |
| Total loans | 146,278,000 | 189,935,000 | 189,004,000 | 193,396,000 |
| Allowance for loan losses | 1,194,000 | 1,642,000 | 1,628,000 | 1,506,000 |
| Securities available for sale | 64,780,000 | 69,069,000 | 70,792,000 | 81,263,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 184,568,000 | 238,211,000 | 249,659,000 | 253,291,000 |
| Interest-bearing deposits | 159,196,000 | 204,439,000 | 216,558,000 | 222,002,000 |
| Noninterest-bearing deposits | 25,372,000 | 33,772,000 | 33,101,000 | 31,289,000 |
| Equity capital | 15,394,000 | 29,280,000 | 29,343,000 | 30,741,000 |
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 | 3,443,000 | 6,974,000 | 11,348,000 | 15,720,000 |
| Interest expense | 1,734,000 | 3,348,000 | 5,296,000 | 7,154,000 |
| Net interest income | 1,709,000 | 3,626,000 | 6,052,000 | 8,566,000 |
| Noninterest income | 340,000 | 694,000 | 1,119,000 | 1,439,000 |
| Noninterest expense | 1,499,000 | 3,132,000 | 5,226,000 | 7,267,000 |
| Provision for loan losses | 73,000 | 117,000 | 195,000 | 281,000 |
| Pretax income | 505,000 | 1,099,000 | 1,814,000 | 2,627,000 |
| Income tax | 87,000 | 210,000 | 364,000 | 514,000 |
| Net income | 418,000 | 889,000 | 1,450,000 | 2,113,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,321,000 | 21,217,000 | 21,720,000 | 22,567,000 |
| Total capital | 16,525,000 | 22,870,000 | 23,354,000 | 24,080,000 |
| Risk-weighted assets | 152,718,000 | 199,212,000 | 204,206,000 | 206,002,000 |