Call reports 2008
FIRST NATIONAL BANK IN FREDONIA — 2008
What FIRST NATIONAL BANK IN FREDONIA 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 | 74,863,000 | 74,568,000 | 75,050,000 | 78,283,000 |
| Total loans | 35,395,000 | 35,693,000 | 35,574,000 | 35,309,000 |
| Allowance for loan losses | 278,000 | 276,000 | 296,000 | 270,000 |
| Securities available for sale | 27,538,000 | 29,213,000 | 31,696,000 | 33,160,000 |
| Securities held to maturity | 4,518,000 | 4,244,000 | 4,095,000 | 3,984,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,546,000 | 63,181,000 | 63,220,000 | 66,243,000 |
| Interest-bearing deposits | 55,527,000 | 54,962,000 | 55,701,000 | 59,270,000 |
| Noninterest-bearing deposits | 8,019,000 | 8,219,000 | 7,519,000 | 6,973,000 |
| Equity capital | 11,031,000 | 11,126,000 | 11,552,000 | 11,786,000 |
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 | 1,116,000 | 2,238,000 | 3,393,000 | 4,529,000 |
| Interest expense | 437,000 | 816,000 | 1,206,000 | 1,588,000 |
| Net interest income | 679,000 | 1,422,000 | 2,187,000 | 2,941,000 |
| Noninterest income | 152,000 | 285,000 | 434,000 | 580,000 |
| Noninterest expense | 413,000 | 828,000 | 1,263,000 | 1,736,000 |
| Provision for loan losses | 11,000 | 21,000 | 33,000 | 44,000 |
| Pretax income | 395,000 | 845,000 | 1,312,000 | 1,722,000 |
| Income tax | 0 | 28,000 | 46,000 | 71,000 |
| Net income | 395,000 | 817,000 | 1,266,000 | 1,651,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,023,000 | 11,445,000 | 11,893,000 | 12,286,000 |
| Total capital | 11,301,000 | 11,721,000 | 12,189,000 | 12,556,000 |
| Risk-weighted assets | 44,107,000 | 44,535,000 | 44,006,000 | 44,310,000 |