Call reports 2008
BANK OF OLD MONROE, THE — 2008
What BANK OF OLD MONROE, 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 | 179,396,000 | 176,730,000 | 180,816,000 | 182,665,000 |
| Total loans | 96,839,000 | 96,553,000 | 96,784,000 | 103,407,000 |
| Allowance for loan losses | 1,588,000 | 1,656,000 | 1,786,000 | 2,605,000 |
| Securities available for sale | 56,170,000 | 55,614,000 | 53,689,000 | 50,208,000 |
| Securities held to maturity | 5,075,000 | 4,159,000 | 5,618,000 | 7,963,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 140,318,000 | 137,037,000 | 140,546,000 | 145,148,000 |
| Interest-bearing deposits | 115,247,000 | 113,656,000 | 117,746,000 | 119,329,000 |
| Noninterest-bearing deposits | 25,071,000 | 23,381,000 | 22,800,000 | 25,819,000 |
| Equity capital | 23,065,000 | 22,087,000 | 21,464,000 | 20,056,000 |
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 | 2,613,000 | 5,254,000 | 7,860,000 | 10,411,000 |
| Interest expense | 1,148,000 | 2,205,000 | 3,235,000 | 4,232,000 |
| Net interest income | 1,465,000 | 3,049,000 | 4,625,000 | 6,179,000 |
| Noninterest income | 340,000 | 691,000 | 1,051,000 | 1,348,000 |
| Noninterest expense | 1,046,000 | 2,122,000 | 3,162,000 | 4,474,000 |
| Provision for loan losses | 60,000 | 150,000 | 280,000 | 1,130,000 |
| Pretax income | 726,000 | 1,573,000 | 2,339,000 | 2,026,000 |
| Income tax | 203,000 | 447,000 | 657,000 | 603,000 |
| Net income | 523,000 | 1,126,000 | 1,682,000 | 1,423,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,592,000 | 23,195,000 | 23,344,000 | 23,160,000 |
| Total capital | 24,180,000 | 24,848,000 | 25,037,000 | 24,941,000 |
| Risk-weighted assets | 131,344,000 | 132,219,000 | 135,336,000 | 141,844,000 |