Call reports 2008
BANK OF PRESCOTT — 2008
What BANK OF PRESCOTT 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 | 69,940,000 | 68,250,000 | 66,860,000 | 67,282,000 |
| Total loans | 32,276,000 | 31,794,000 | 30,847,000 | 31,181,000 |
| Allowance for loan losses | 344,000 | 345,000 | 342,000 | 290,000 |
| Securities available for sale | 27,851,000 | 26,957,000 | 27,855,000 | 27,066,000 |
| Securities held to maturity | 1,684,000 | 1,558,000 | 1,558,000 | 1,958,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,752,000 | 58,237,000 | 56,796,000 | 57,446,000 |
| Interest-bearing deposits | 48,958,000 | 46,988,000 | 47,046,000 | 47,274,000 |
| Noninterest-bearing deposits | 10,794,000 | 11,249,000 | 9,750,000 | 10,172,000 |
| Equity capital | 8,980,000 | 9,020,000 | 9,198,000 | 8,924,000 |
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 | 1,040,000 | 2,034,000 | 2,970,000 | 3,918,000 |
| Interest expense | 363,000 | 681,000 | 968,000 | 1,231,000 |
| Net interest income | 677,000 | 1,353,000 | 2,002,000 | 2,687,000 |
| Noninterest income | 103,000 | 189,000 | 289,000 | 443,000 |
| Noninterest expense | 432,000 | 861,000 | 1,254,000 | 1,705,000 |
| Provision for loan losses | 0 | 0 | 0 | 100,000 |
| Pretax income | 348,000 | 681,000 | 1,037,000 | 1,325,000 |
| Income tax | 109,000 | 216,000 | 328,000 | 425,000 |
| Net income | 239,000 | 465,000 | 709,000 | 900,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,787,000 | 9,013,000 | 9,258,000 | 8,811,000 |
| Total capital | 9,132,000 | 9,358,000 | 9,600,000 | 9,101,000 |
| Risk-weighted assets | 37,031,000 | 36,615,000 | 35,708,000 | 35,989,000 |