Call reports 2008
MONITOR BANK, THE — 2008
What MONITOR BANK, THE 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 | 27,909,000 | 30,937,000 | 33,530,000 | 31,769,000 |
| Total loans | 16,445,000 | 17,267,000 | 18,886,000 | 20,389,000 |
| Allowance for loan losses | 212,000 | 213,000 | 214,000 | 215,000 |
| Securities available for sale | 2,000 | 2,000 | 2,000 | 2,000 |
| Securities held to maturity | 1,714,000 | 1,720,000 | 1,722,000 | 3,223,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,222,000 | 26,207,000 | 28,755,000 | 27,017,000 |
| Interest-bearing deposits | 18,362,000 | 20,928,000 | 23,081,000 | 21,052,000 |
| Noninterest-bearing deposits | 4,860,000 | 5,279,000 | 5,674,000 | 5,965,000 |
| Equity capital | 4,648,000 | 4,692,000 | 4,731,000 | 4,726,000 |
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 | 415,000 | 794,000 | 1,181,000 | 1,544,000 |
| Interest expense | 130,000 | 265,000 | 405,000 | 528,000 |
| Net interest income | 285,000 | 529,000 | 776,000 | 1,016,000 |
| Noninterest income | 20,000 | 44,000 | 73,000 | 91,000 |
| Noninterest expense | 219,000 | 431,000 | 657,000 | 904,000 |
| Provision for loan losses | 0 | 0 | 2,000 | 8,000 |
| Pretax income | 86,000 | 142,000 | 190,000 | 195,000 |
| Income tax | 42,000 | 43,000 | 52,000 | 52,000 |
| Net income | 44,000 | 99,000 | 138,000 | 143,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,648,000 | 4,692,000 | 4,731,000 | 4,726,000 |
| Total capital | 4,858,000 | 4,905,000 | 4,945,000 | 4,941,000 |
| Risk-weighted assets | 16,808,000 | 17,913,000 | 19,833,000 | 20,082,000 |