Call reports 2008
STOCK GROWERS BANK — 2008
What STOCK GROWERS 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 | 73,577,000 | 72,648,000 | 72,493,000 | 74,380,000 |
| Total loans | 38,153,000 | 41,479,000 | 43,733,000 | 43,889,000 |
| Allowance for loan losses | 386,000 | 422,000 | 443,000 | 452,000 |
| Securities available for sale | 25,809,000 | 25,524,000 | 25,165,000 | 25,941,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,618,000 | 63,836,000 | 59,269,000 | 64,842,000 |
| Interest-bearing deposits | 54,076,000 | 52,833,000 | 48,451,000 | 52,011,000 |
| Noninterest-bearing deposits | 10,542,000 | 11,003,000 | 10,818,000 | 12,831,000 |
| Equity capital | 8,615,000 | 8,508,000 | 9,004,000 | 9,262,000 |
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 | 985,000 | 1,939,000 | 2,923,000 | 3,915,000 |
| Interest expense | 376,000 | 716,000 | 1,032,000 | 1,325,000 |
| Net interest income | 609,000 | 1,223,000 | 1,891,000 | 2,590,000 |
| Noninterest income | 62,000 | 115,000 | 177,000 | 240,000 |
| Noninterest expense | 230,000 | 460,000 | 820,000 | 1,499,000 |
| Provision for loan losses | -34,000 | 2,000 | 23,000 | 23,000 |
| Pretax income | 475,000 | 876,000 | 1,225,000 | 1,308,000 |
| Income tax | 33,000 | 61,000 | 86,000 | 92,000 |
| Net income | 442,000 | 815,000 | 1,139,000 | 1,216,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,346,000 | 8,719,000 | 9,044,000 | 9,121,000 |
| Total capital | 8,732,000 | 9,141,000 | 9,487,000 | 9,573,000 |
| Risk-weighted assets | 50,017,000 | 52,929,000 | 54,598,000 | 54,971,000 |