Call reports 2008
BANK OF BUFFALO — 2008
What BANK OF BUFFALO 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 | 59,683,000 | 56,667,000 | 59,189,000 | 60,297,000 |
| Total loans | 37,051,000 | 36,028,000 | 36,784,000 | 36,997,000 |
| Allowance for loan losses | 444,000 | 452,000 | 487,000 | 455,000 |
| Securities available for sale | 19,098,000 | 17,708,000 | 19,073,000 | 20,093,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,517,000 | 46,209,000 | 46,342,000 | 46,008,000 |
| Interest-bearing deposits | 40,899,000 | 39,620,000 | 40,041,000 | 40,757,000 |
| Noninterest-bearing deposits | 5,618,000 | 6,588,000 | 6,301,000 | 5,251,000 |
| Equity capital | 5,596,000 | 5,323,000 | 5,254,000 | 5,044,000 |
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 | 971,000 | 1,901,000 | 2,853,000 | 3,792,000 |
| Interest expense | 497,000 | 936,000 | 1,294,000 | 1,690,000 |
| Net interest income | 474,000 | 965,000 | 1,559,000 | 2,102,000 |
| Noninterest income | 75,000 | 162,000 | 238,000 | 306,000 |
| Noninterest expense | 231,000 | 462,000 | 708,000 | 925,000 |
| Provision for loan losses | 0 | 0 | 33,000 | 33,000 |
| Pretax income | 318,000 | 665,000 | 921,000 | 1,315,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 318,000 | 665,000 | 921,000 | 1,315,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,343,000 | 5,314,000 | 5,470,000 | 5,247,000 |
| Total capital | 5,787,000 | 5,766,000 | 5,957,000 | 5,702,000 |
| Risk-weighted assets | 39,486,000 | 39,156,000 | 41,781,000 | 42,781,000 |