Call reports 2008
FRIEND BANK — 2008
What FRIEND 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 | 61,367,000 | 63,262,000 | 65,870,000 | 67,662,000 |
| Total loans | 36,024,000 | 38,055,000 | 41,624,000 | 44,205,000 |
| Allowance for loan losses | 388,000 | 422,000 | 468,000 | 513,000 |
| Securities available for sale | 21,584,000 | 21,106,000 | 19,298,000 | 19,437,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,136,000 | 45,190,000 | 46,824,000 | 48,874,000 |
| Interest-bearing deposits | 35,122,000 | 38,429,000 | 40,791,000 | 42,617,000 |
| Noninterest-bearing deposits | 7,014,000 | 6,761,000 | 6,033,000 | 6,257,000 |
| Equity capital | 5,552,000 | 5,298,000 | 5,027,000 | 5,214,000 |
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 | 856,000 | 1,721,000 | 2,648,000 | 3,612,000 |
| Interest expense | 377,000 | 724,000 | 1,079,000 | 1,425,000 |
| Net interest income | 479,000 | 997,000 | 1,569,000 | 2,187,000 |
| Noninterest income | 77,000 | 181,000 | 276,000 | 380,000 |
| Noninterest expense | 377,000 | 778,000 | 1,201,000 | 1,725,000 |
| Provision for loan losses | 22,000 | 60,000 | 105,000 | 150,000 |
| Pretax income | 155,000 | 338,000 | 537,000 | 690,000 |
| Income tax | 11,000 | 21,000 | 26,000 | 33,000 |
| Net income | 144,000 | 317,000 | 511,000 | 657,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,474,000 | 5,547,000 | 5,667,000 | 5,739,000 |
| Total capital | 5,862,000 | 5,969,000 | 6,135,000 | 6,252,000 |
| Risk-weighted assets | 36,722,000 | 38,430,000 | 41,318,000 | 43,652,000 |