Call reports 2008
BANK OF LABOR — 2008
What BANK OF LABOR 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 | 553,710,000 | 569,639,000 | 577,126,000 | 569,567,000 |
| Total loans | 307,020,000 | 317,111,000 | 315,448,000 | 323,573,000 |
| Allowance for loan losses | 2,415,000 | 2,824,000 | 3,462,000 | 6,719,000 |
| Securities available for sale | 213,193,000 | 216,887,000 | 223,446,000 | 213,142,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 403,460,000 | 402,938,000 | 397,744,000 | 395,238,000 |
| Interest-bearing deposits | 379,939,000 | 378,766,000 | 372,628,000 | 367,732,000 |
| Noninterest-bearing deposits | 23,521,000 | 24,172,000 | 25,116,000 | 27,506,000 |
| Equity capital | 54,959,000 | 52,695,000 | 55,022,000 | 54,964,000 |
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 | 7,753,000 | 15,314,000 | 22,973,000 | 30,493,000 |
| Interest expense | 3,130,000 | 6,077,000 | 8,949,000 | 11,564,000 |
| Net interest income | 4,623,000 | 9,237,000 | 14,024,000 | 18,929,000 |
| Noninterest income | 1,858,000 | 3,442,000 | 5,213,000 | 7,584,000 |
| Noninterest expense | 4,786,000 | 9,752,000 | 15,439,000 | 19,985,000 |
| Provision for loan losses | 225,000 | 1,000,000 | 1,555,000 | 5,355,000 |
| Pretax income | 1,517,000 | 1,991,000 | 2,536,000 | 1,494,000 |
| Income tax | 407,000 | 427,000 | 464,000 | -56,000 |
| Net income | 1,110,000 | 1,564,000 | 2,072,000 | 1,550,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,293,000 | 48,635,000 | 48,999,000 | 48,284,000 |
| Total capital | 50,708,000 | 51,459,000 | 52,461,000 | 52,963,000 |
| Risk-weighted assets | 362,348,000 | 371,018,000 | 377,665,000 | 372,554,000 |