Call reports 2008
BANK OF MONTICELLO — 2008
What BANK OF MONTICELLO 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 | 71,167,000 | 71,193,000 | 70,197,000 | 72,046,000 |
| Total loans | 46,936,000 | 48,214,000 | 49,626,000 | 49,928,000 |
| Allowance for loan losses | 590,000 | 618,000 | 644,000 | 540,000 |
| Securities available for sale | 10,935,000 | 12,230,000 | 12,130,000 | 12,022,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,886,000 | 62,194,000 | 59,217,000 | 61,543,000 |
| Interest-bearing deposits | 56,252,000 | 54,297,000 | 53,666,000 | 55,433,000 |
| Noninterest-bearing deposits | 5,634,000 | 7,897,000 | 5,551,000 | 6,110,000 |
| Equity capital | 8,073,000 | 7,961,000 | 7,868,000 | 7,950,000 |
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 | 1,113,000 | 2,147,000 | 3,180,000 | 4,171,000 |
| Interest expense | 506,000 | 949,000 | 1,339,000 | 1,716,000 |
| Net interest income | 607,000 | 1,198,000 | 1,841,000 | 2,455,000 |
| Noninterest income | 246,000 | 474,000 | 720,000 | 1,052,000 |
| Noninterest expense | 655,000 | 1,301,000 | 2,003,000 | 2,638,000 |
| Provision for loan losses | 54,000 | 98,000 | 274,000 | 613,000 |
| Pretax income | 140,000 | 269,000 | 280,000 | 252,000 |
| Income tax | 33,000 | 96,000 | 89,000 | 57,000 |
| Net income | 107,000 | 173,000 | 191,000 | 195,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,338,000 | 7,513,000 | 7,458,000 | 7,476,000 |
| Total capital | 7,278,000 | 7,481,000 | 8,102,000 | 8,016,000 |
| Risk-weighted assets | 52,978,000 | 53,468,000 | 54,972,000 | 55,280,000 |