Call reports 2008
LINCOLN BANK — 2008
What LINCOLN 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 | 862,451,000 | 867,502,000 | 828,711,000 | 876,435,000 |
| Total loans | 638,186,000 | 638,255,000 | 636,945,000 | 636,955,000 |
| Allowance for loan losses | 7,988,000 | 8,193,000 | 8,319,000 | 8,679,000 |
| Securities available for sale | 135,532,000 | 133,101,000 | 124,142,000 | 122,093,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 640,489,000 | 634,709,000 | 598,006,000 | 652,823,000 |
| Interest-bearing deposits | 590,363,000 | 584,747,000 | 547,137,000 | 606,208,000 |
| Noninterest-bearing deposits | 50,127,000 | 49,961,000 | 50,868,000 | 46,615,000 |
| Equity capital | 98,904,000 | 97,702,000 | 71,992,000 | 80,249,000 |
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 | 12,527,000 | 24,184,000 | 35,702,000 | 45,721,000 |
| Interest expense | 6,677,000 | 12,250,000 | 17,594,000 | 22,758,000 |
| Net interest income | 5,850,000 | 11,934,000 | 18,108,000 | 22,963,000 |
| Noninterest income | 1,878,000 | 3,730,000 | 5,441,000 | 6,598,000 |
| Noninterest expense | 6,299,000 | 12,700,000 | 42,945,000 | 59,853,000 |
| Provision for loan losses | 1,507,000 | 1,806,000 | 2,162,000 | 7,453,000 |
| Pretax income | -8,000 | 1,228,000 | -21,488,000 | -37,675,000 |
| Income tax | -238,000 | -8,000 | 212,000 | -5,421,000 |
| Net income | 230,000 | 1,236,000 | -21,700,000 | -32,254,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 72,821,000 | 73,991,000 | 74,040,000 | 47,331,000 |
| Total capital | 80,809,000 | 82,184,000 | 82,359,000 | 56,010,000 |
| Risk-weighted assets | 723,428,000 | 716,303,000 | 713,046,000 | 712,646,000 |