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Call reports 2008

PORTAGE COMMUNITY BANK — 2008

What PORTAGE COMMUNITY BANK reported to the FFIEC in 2008, quarter by quarter.

PERIOD: 2008SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/3f7c9635-9c31-41be-8db2-9735c288a294/2008

Balance sheet

What the bank holds and owes at quarter end

Measure2008Q12008Q22008Q32008Q4
Total assets190,386,000195,744,000205,712,000206,549,000
Total loans162,598,000167,729,000176,702,000181,399,000
Allowance for loan losses1,959,0002,055,0002,213,0002,095,000
Securities available for sale13,591,00013,053,00013,379,00013,555,000
Securities held to maturity0000
Trading assets0000
Total deposits155,568,000164,331,000171,288,000171,513,000
Interest-bearing deposits130,308,000138,799,000148,968,000149,024,000
Noninterest-bearing deposits25,260,00025,532,00022,320,00022,489,000
Equity capital14,795,00014,950,00015,913,00016,288,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2008Q12008Q22008Q32008Q4
Interest income3,020,0005,950,0008,972,00011,969,000
Interest expense1,379,0002,624,0003,834,0005,063,000
Net interest income1,641,0003,326,0005,138,0006,906,000
Noninterest income157,000338,000518,000677,000
Noninterest expense1,344,0002,626,0003,972,0005,371,000
Provision for loan losses076,000542,000789,000
Pretax income499,0001,007,0001,187,0001,468,000
Income tax150,000305,000333,000423,000
Net income349,000702,000854,0001,045,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2008Q12008Q22008Q32008Q4
Tier 1 capital14,682,00015,035,00015,912,00016,102,000
Total capital16,641,00017,090,00018,093,00018,197,000
Risk-weighted assets161,923,000167,077,000174,401,000175,321,000

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