Call reports 2008
SOUTHWEST COMMUNITY BANK — 2008
What SOUTHWEST COMMUNITY 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 | 86,019,000 | 90,038,000 | 99,598,000 | 111,105,000 |
| Total loans | 77,770,000 | 82,177,000 | 91,494,000 | 98,705,000 |
| Allowance for loan losses | 602,000 | 544,000 | 915,000 | 1,157,000 |
| Securities available for sale | 1,997,000 | 1,997,000 | 1,964,000 | 1,827,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,434,000 | 71,187,000 | 73,956,000 | 86,570,000 |
| Interest-bearing deposits | 68,971,000 | 68,571,000 | 71,629,000 | 84,052,000 |
| Noninterest-bearing deposits | 3,463,000 | 2,616,000 | 2,327,000 | 2,518,000 |
| Equity capital | 7,020,000 | 7,282,000 | 7,635,000 | 7,827,000 |
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 | 1,473,000 | 2,927,000 | 4,455,000 | 5,968,000 |
| Interest expense | 744,000 | 1,379,000 | 1,999,000 | 2,677,000 |
| Net interest income | 729,000 | 1,548,000 | 2,456,000 | 3,291,000 |
| Noninterest income | -19,000 | 78,000 | 104,000 | 102,000 |
| Noninterest expense | 523,000 | 1,103,000 | 1,692,000 | 2,303,000 |
| Provision for loan losses | 0 | -60,000 | 378,000 | 737,000 |
| Pretax income | 187,000 | 583,000 | 490,000 | 353,000 |
| Income tax | 55,000 | 189,000 | 145,000 | 73,000 |
| Net income | 132,000 | 394,000 | 345,000 | 280,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,063,000 | 7,325,000 | 7,659,000 | 7,918,000 |
| Total capital | 7,665,000 | 7,868,000 | 8,574,000 | 9,043,000 |
| Risk-weighted assets | 73,067,000 | 74,947,000 | 80,020,000 | 90,027,000 |