Call reports 2008
SLOAN STATE BANK — 2008
What SLOAN 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 | 39,909,000 | 40,035,000 | 37,220,000 | 40,094,000 |
| Total loans | 16,184,000 | 17,739,000 | 18,542,000 | 20,573,000 |
| Allowance for loan losses | 343,000 | 343,000 | 344,000 | 344,000 |
| Securities available for sale | 13,312,000 | 15,306,000 | 14,956,000 | 14,593,000 |
| Securities held to maturity | 63,000 | 63,000 | 63,000 | 46,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,025,000 | 35,292,000 | 31,451,000 | 35,435,000 |
| Interest-bearing deposits | 30,260,000 | 30,421,000 | 27,053,000 | 29,453,000 |
| Noninterest-bearing deposits | 4,765,000 | 4,871,000 | 4,398,000 | 5,982,000 |
| Equity capital | 4,694,000 | 4,628,000 | 4,654,000 | 4,561,000 |
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 | 538,000 | 1,078,000 | 1,615,000 | 2,137,000 |
| Interest expense | 208,000 | 382,000 | 528,000 | 665,000 |
| Net interest income | 330,000 | 696,000 | 1,087,000 | 1,472,000 |
| Noninterest income | 23,000 | 88,000 | 115,000 | 145,000 |
| Noninterest expense | 208,000 | 419,000 | 633,000 | 884,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 145,000 | 365,000 | 569,000 | 733,000 |
| Income tax | 3,000 | 12,000 | 22,000 | 33,000 |
| Net income | 142,000 | 353,000 | 547,000 | 700,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,515,000 | 4,677,000 | 4,613,000 | 4,416,000 |
| Total capital | 4,758,000 | 4,935,000 | 4,870,000 | 4,699,000 |
| Risk-weighted assets | 19,355,000 | 20,584,000 | 20,496,000 | 22,590,000 |