Call reports 2008
BANK NORTH — 2008
What BANK NORTH 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 | 110,028,000 | 111,336,000 | 112,373,000 | 112,360,000 |
| Total loans | 78,989,000 | 80,464,000 | 81,155,000 | 81,075,000 |
| Allowance for loan losses | 840,000 | 849,000 | 848,000 | 1,017,000 |
| Securities available for sale | 26,353,000 | 26,339,000 | 26,615,000 | 27,609,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 88,536,000 | 89,504,000 | 91,048,000 | 87,310,000 |
| Interest-bearing deposits | 74,733,000 | 75,075,000 | 75,723,000 | 73,372,000 |
| Noninterest-bearing deposits | 13,803,000 | 14,429,000 | 15,325,000 | 13,938,000 |
| Equity capital | 11,949,000 | 11,717,000 | 11,909,000 | 12,162,000 |
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 | 1,682,000 | 3,351,000 | 5,032,000 | 6,660,000 |
| Interest expense | 686,000 | 1,286,000 | 1,847,000 | 2,351,000 |
| Net interest income | 996,000 | 2,065,000 | 3,185,000 | 4,309,000 |
| Noninterest income | 104,000 | 222,000 | 378,000 | 477,000 |
| Noninterest expense | 848,000 | 1,688,000 | 2,584,000 | 3,411,000 |
| Provision for loan losses | 3,000 | 11,000 | 46,000 | 215,000 |
| Pretax income | 262,000 | 601,000 | 948,000 | 1,175,000 |
| Income tax | 37,000 | 103,000 | 171,000 | 193,000 |
| Net income | 225,000 | 498,000 | 777,000 | 982,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,590,000 | 11,707,000 | 11,828,000 | 11,911,000 |
| Total capital | 12,430,000 | 12,556,000 | 12,676,000 | 12,841,000 |
| Risk-weighted assets | 75,396,000 | 74,310,000 | 75,066,000 | 74,316,000 |