Call reports 2008
EMPIRE NATIONAL BANK — 2008
What EMPIRE NATIONAL 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 | 42,200,000 | 60,456,000 | 77,590,000 | 103,292,000 |
| Total loans | 351,000 | 9,548,000 | 29,374,000 | 64,513,000 |
| Allowance for loan losses | 3,000 | 95,000 | 291,000 | 641,000 |
| Securities available for sale | 0 | 0 | 12,932,000 | 26,130,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 7,585,000 | 27,511,000 | 42,295,000 | 54,730,000 |
| Interest-bearing deposits | 5,239,000 | 17,926,000 | 29,386,000 | 32,924,000 |
| Noninterest-bearing deposits | 2,346,000 | 9,585,000 | 12,908,000 | 21,806,000 |
| Equity capital | 34,049,000 | 32,211,000 | 30,751,000 | 29,290,000 |
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 | 463,000 | 741,000 | 1,266,000 | 2,119,000 |
| Interest expense | 24,000 | 100,000 | 254,000 | 457,000 |
| Net interest income | 439,000 | 641,000 | 1,012,000 | 1,662,000 |
| Noninterest income | 0 | 36,000 | 81,000 | 143,000 |
| Noninterest expense | 2,375,000 | 4,386,000 | 6,175,000 | 8,234,000 |
| Provision for loan losses | 3,000 | 95,000 | 291,000 | 641,000 |
| Pretax income | -1,939,000 | -3,804,000 | -5,373,000 | -7,069,000 |
| Income tax | 0 | 2,000 | 3,000 | 6,000 |
| Net income | -1,939,000 | -3,806,000 | -5,376,000 | -7,075,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,049,000 | 32,211,000 | 30,703,000 | 29,076,000 |
| Total capital | 34,052,000 | 32,306,000 | 30,994,000 | 29,717,000 |
| Risk-weighted assets | 13,357,000 | 28,635,000 | 52,271,000 | 89,126,000 |