Call reports 2008
FIRST STATE BANK OF OLMSTED — 2008
What FIRST STATE BANK OF OLMSTED 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 | 26,676,000 | 27,759,000 | 25,826,000 | 27,787,000 |
| Total loans | 13,128,000 | 13,373,000 | 14,466,000 | 14,259,000 |
| Allowance for loan losses | 143,000 | 143,000 | 144,000 | 146,000 |
| Securities available for sale | 6,465,000 | 6,264,000 | 6,279,000 | 6,504,000 |
| Securities held to maturity | 3,404,000 | 2,605,000 | 1,604,000 | 1,304,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,045,000 | 24,118,000 | 22,104,000 | 24,120,000 |
| Interest-bearing deposits | 19,483,000 | 20,118,000 | 18,607,000 | 20,027,000 |
| Noninterest-bearing deposits | 3,562,000 | 4,000,000 | 3,497,000 | 4,093,000 |
| Equity capital | 3,541,000 | 3,538,000 | 3,606,000 | 3,571,000 |
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 | 360,000 | 724,000 | 1,101,000 | 1,458,000 |
| Interest expense | 153,000 | 297,000 | 438,000 | 562,000 |
| Net interest income | 207,000 | 427,000 | 663,000 | 896,000 |
| Noninterest income | 43,000 | 89,000 | 132,000 | 175,000 |
| Noninterest expense | 184,000 | 376,000 | 580,000 | 860,000 |
| Provision for loan losses | 0 | 0 | 2,000 | 9,000 |
| Pretax income | 66,000 | 140,000 | 213,000 | 202,000 |
| Income tax | 0 | 14,000 | 28,000 | 8,000 |
| Net income | 66,000 | 126,000 | 185,000 | 194,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,490,000 | 3,546,000 | 3,604,000 | 3,523,000 |
| Total capital | 3,633,000 | 3,689,000 | 3,748,000 | 3,669,000 |
| Risk-weighted assets | 13,327,000 | 13,789,000 | 14,502,000 | 14,669,000 |