Call reports 2008
GIFFORD STATE BANK, THE — 2008
What GIFFORD STATE BANK, THE 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 | 78,459,000 | 75,176,000 | 80,100,000 | 81,568,000 |
| Total loans | 54,399,000 | 56,863,000 | 62,557,000 | 65,550,000 |
| Allowance for loan losses | 545,000 | 550,000 | 534,000 | 550,000 |
| Securities available for sale | 6,177,000 | 8,426,000 | 7,592,000 | 6,688,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,480,000 | 67,177,000 | 68,412,000 | 71,018,000 |
| Interest-bearing deposits | 54,273,000 | 59,129,000 | 60,515,000 | 63,115,000 |
| Noninterest-bearing deposits | 16,207,000 | 8,048,000 | 7,897,000 | 7,903,000 |
| Equity capital | 7,096,000 | 7,124,000 | 7,391,000 | 7,891,000 |
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 | 1,146,000 | 2,259,000 | 3,411,000 | 4,583,000 |
| Interest expense | 506,000 | 979,000 | 1,442,000 | 1,900,000 |
| Net interest income | 640,000 | 1,280,000 | 1,969,000 | 2,683,000 |
| Noninterest income | 96,000 | 197,000 | 288,000 | 761,000 |
| Noninterest expense | 569,000 | 1,150,000 | 1,729,000 | 2,485,000 |
| Provision for loan losses | 0 | 0 | 0 | 66,000 |
| Pretax income | 167,000 | 328,000 | 529,000 | 894,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 167,000 | 328,000 | 529,000 | 894,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,050,000 | 7,211,000 | 7,413,000 | 7,777,000 |
| Total capital | 7,595,000 | 7,761,000 | 7,947,000 | 8,327,000 |
| Risk-weighted assets | 62,441,000 | 64,639,000 | 71,326,000 | 74,396,000 |