Call reports 2008
ALGONQUIN STATE BANK — 2008
What ALGONQUIN STATE 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 | 136,978,000 | 134,835,000 | 135,098,000 | 129,538,000 |
| Total loans | 74,405,000 | 77,733,000 | 72,865,000 | 74,652,000 |
| Allowance for loan losses | 835,000 | 835,000 | 835,000 | 835,000 |
| Securities available for sale | 38,148,000 | 39,942,000 | 38,743,000 | 37,036,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 116,720,000 | 115,319,000 | 115,467,000 | 109,787,000 |
| Interest-bearing deposits | 96,400,000 | 93,668,000 | 95,502,000 | 90,417,000 |
| Noninterest-bearing deposits | 20,320,000 | 21,651,000 | 19,965,000 | 19,370,000 |
| Equity capital | 19,108,000 | 18,833,000 | 18,956,000 | 19,265,000 |
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 | 1,691,000 | 3,328,000 | 4,904,000 | 6,300,000 |
| Interest expense | 532,000 | 935,000 | 1,305,000 | 1,637,000 |
| Net interest income | 1,159,000 | 2,393,000 | 3,599,000 | 4,663,000 |
| Noninterest income | 141,000 | 282,000 | 429,000 | 564,000 |
| Noninterest expense | 1,097,000 | 2,201,000 | 3,333,000 | 4,355,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 203,000 | 477,000 | 698,000 | 875,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 203,000 | 477,000 | 698,000 | 875,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,050,000 | 18,324,000 | 18,245,000 | 18,421,000 |
| Total capital | 18,885,000 | 19,159,000 | 19,080,000 | 19,256,000 |
| Risk-weighted assets | 77,585,000 | 79,636,000 | 76,223,000 | 76,657,000 |