Call reports 2008
WHITAKER BANK, INC — 2008
What WHITAKER BANK, INC 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 | 1,300,523,000 | 1,279,851,000 | 1,345,608,000 | 1,398,452,000 |
| Total loans | 846,892,000 | 859,990,000 | 912,367,000 | 910,576,000 |
| Allowance for loan losses | 13,890,000 | 13,716,000 | 15,347,000 | 15,520,000 |
| Securities available for sale | 367,226,000 | 333,001,000 | 337,869,000 | 327,998,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,061,392,000 | 1,037,724,000 | 1,091,113,000 | 1,146,261,000 |
| Interest-bearing deposits | 1,010,691,000 | 993,086,000 | 953,500,000 | 1,003,409,000 |
| Noninterest-bearing deposits | 50,701,000 | 44,638,000 | 137,613,000 | 142,852,000 |
| Equity capital | 130,428,000 | 126,283,000 | 139,736,000 | 137,575,000 |
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 | 20,302,000 | 39,753,000 | 59,911,000 | 79,183,000 |
| Interest expense | 9,476,000 | 17,715,000 | 25,648,000 | 33,215,000 |
| Net interest income | 10,826,000 | 22,038,000 | 34,263,000 | 45,968,000 |
| Noninterest income | 2,129,000 | 4,276,000 | 6,741,000 | 8,327,000 |
| Noninterest expense | 9,770,000 | 19,489,000 | 30,677,000 | 40,791,000 |
| Provision for loan losses | 110,000 | 776,000 | 3,000,000 | 8,125,000 |
| Pretax income | 3,043,000 | 6,042,000 | 2,563,000 | 494,000 |
| Income tax | 841,000 | 1,584,000 | 157,000 | -890,000 |
| Net income | 2,202,000 | 4,458,000 | 2,406,000 | 1,384,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 114,544,000 | 116,980,000 | 130,982,000 | 128,695,000 |
| Total capital | 125,731,000 | 128,107,000 | 142,813,000 | 140,540,000 |
| Risk-weighted assets | 892,061,000 | 887,360,000 | 942,724,000 | 943,680,000 |