Call reports 2008
GARNAVILLO SAVINGS BANK, THE — 2008
What GARNAVILLO SAVINGS 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 | 29,864,000 | 29,405,000 | 28,689,000 | 30,536,000 |
| Total loans | 17,462,000 | 18,227,000 | 18,905,000 | 20,763,000 |
| Allowance for loan losses | 236,000 | 240,000 | 269,000 | 266,000 |
| Securities available for sale | 8,388,000 | 7,898,000 | 7,732,000 | 7,155,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,819,000 | 26,538,000 | 25,806,000 | 27,714,000 |
| Interest-bearing deposits | 22,827,000 | 22,482,000 | 21,860,000 | 22,537,000 |
| Noninterest-bearing deposits | 3,992,000 | 4,056,000 | 3,946,000 | 5,177,000 |
| Equity capital | 2,921,000 | 2,755,000 | 2,795,000 | 2,733,000 |
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 | 456,000 | 886,000 | 1,346,000 | 1,797,000 |
| Interest expense | 194,000 | 366,000 | 513,000 | 649,000 |
| Net interest income | 262,000 | 520,000 | 833,000 | 1,148,000 |
| Noninterest income | 26,000 | 48,000 | 114,000 | 201,000 |
| Noninterest expense | 219,000 | 445,000 | 704,000 | 961,000 |
| Provision for loan losses | 0 | 0 | 55,000 | 145,000 |
| Pretax income | 70,000 | 124,000 | 190,000 | 245,000 |
| Income tax | 3,000 | 6,000 | 9,000 | 12,000 |
| Net income | 67,000 | 118,000 | 181,000 | 233,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,859,000 | 2,826,000 | 2,889,000 | 2,857,000 |
| Total capital | 3,093,000 | 3,066,000 | 3,138,000 | 3,122,000 |
| Risk-weighted assets | 18,756,000 | 19,410,000 | 19,905,000 | 21,230,000 |