Call reports 2008
PATRIOTS BANK — 2008
What PATRIOTS 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 | 112,411,000 | 113,516,000 | 113,221,000 | 109,082,000 |
| Total loans | 80,327,000 | 86,187,000 | 86,532,000 | 82,440,000 |
| Allowance for loan losses | 1,302,000 | 1,732,000 | 1,808,000 | 1,768,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 303,000 | 303,000 | 303,000 | 303,000 |
| Trading assets | 12,362,000 | 9,720,000 | 8,640,000 | 7,240,000 |
| Total deposits | 88,743,000 | 90,440,000 | 83,828,000 | 81,220,000 |
| Interest-bearing deposits | 67,929,000 | 71,491,000 | 65,856,000 | 62,207,000 |
| Noninterest-bearing deposits | 20,814,000 | 18,949,000 | 17,972,000 | 19,013,000 |
| Equity capital | 22,999,000 | 22,171,000 | 21,740,000 | 21,172,000 |
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 | 1,653,000 | 3,187,000 | 4,605,000 | 5,934,000 |
| Interest expense | 507,000 | 993,000 | 1,444,000 | 1,839,000 |
| Net interest income | 1,146,000 | 2,194,000 | 3,161,000 | 4,095,000 |
| Noninterest income | 252,000 | 166,000 | 219,000 | 177,000 |
| Noninterest expense | 1,167,000 | 2,364,000 | 3,453,000 | 4,731,000 |
| Provision for loan losses | 392,000 | 822,000 | 1,318,000 | 1,518,000 |
| Pretax income | -161,000 | -826,000 | -1,391,000 | -1,977,000 |
| Income tax | -53,000 | -190,000 | -324,000 | -342,000 |
| Net income | -108,000 | -636,000 | -1,067,000 | -1,635,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,559,000 | 13,749,000 | 13,337,000 | 12,561,000 |
| Total capital | 15,700,000 | 14,827,000 | 14,419,000 | 13,592,000 |
| Risk-weighted assets | 90,321,000 | 94,820,000 | 94,238,000 | 89,242,000 |