Call reports 2008
HURON VALLEY STATE BANK — 2008
What HURON VALLEY STATE 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 | 29,134,000 | 29,619,000 | 32,202,000 | 40,580,000 |
| Total loans | 18,652,000 | 20,909,000 | 24,855,000 | 30,183,000 |
| Allowance for loan losses | 205,000 | 255,000 | 249,000 | 312,000 |
| Securities available for sale | 3,816,000 | 3,607,000 | 3,562,000 | 3,495,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 22,359,000 | 23,197,000 | 24,767,000 | 34,419,000 |
| Interest-bearing deposits | 19,758,000 | 20,060,000 | 21,254,000 | 30,747,000 |
| Noninterest-bearing deposits | 2,601,000 | 3,137,000 | 3,513,000 | 3,672,000 |
| Equity capital | 6,556,000 | 6,162,000 | 6,084,000 | 5,969,000 |
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 | 392,000 | 779,000 | 1,198,000 | 1,669,000 |
| Interest expense | 227,000 | 409,000 | 581,000 | 793,000 |
| Net interest income | 165,000 | 370,000 | 617,000 | 876,000 |
| Noninterest income | 14,000 | -72,000 | -53,000 | -35,000 |
| Noninterest expense | 400,000 | 776,000 | 1,129,000 | 1,484,000 |
| Provision for loan losses | 15,000 | 65,000 | 108,000 | 171,000 |
| Pretax income | -215,000 | -522,000 | -652,000 | -793,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -215,000 | -522,000 | -652,000 | -793,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,443,000 | 6,141,000 | 6,017,000 | 5,873,000 |
| Total capital | 6,648,000 | 6,396,000 | 6,266,000 | 6,185,000 |
| Risk-weighted assets | 21,520,000 | 23,320,000 | 26,775,000 | 32,028,000 |