Call reports 2008
CLOVER COMMUNITY BANK — 2008
What CLOVER COMMUNITY 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 | 121,797,000 | 126,546,000 | 135,585,000 | 136,315,000 |
| Total loans | 86,983,000 | 93,888,000 | 97,756,000 | 102,608,000 |
| Allowance for loan losses | 809,000 | 915,000 | 979,000 | 2,072,000 |
| Securities available for sale | 20,869,000 | 17,290,000 | 17,037,000 | 17,576,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 102,582,000 | 107,321,000 | 115,977,000 | 117,159,000 |
| Interest-bearing deposits | 90,560,000 | 93,737,000 | 104,505,000 | 105,512,000 |
| Noninterest-bearing deposits | 12,022,000 | 13,584,000 | 11,471,000 | 11,647,000 |
| Equity capital | 10,415,000 | 10,503,000 | 10,939,000 | 10,090,000 |
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 | 1,929,000 | 3,923,000 | 5,980,000 | 8,036,000 |
| Interest expense | 703,000 | 1,389,000 | 2,082,000 | 2,815,000 |
| Net interest income | 1,226,000 | 2,534,000 | 3,898,000 | 5,221,000 |
| Noninterest income | 298,000 | 575,000 | 870,000 | 1,165,000 |
| Noninterest expense | 1,069,000 | 2,169,000 | 3,330,000 | 4,740,000 |
| Provision for loan losses | 25,000 | 101,000 | 161,000 | 1,376,000 |
| Pretax income | 430,000 | 903,000 | 1,341,000 | 334,000 |
| Income tax | 128,000 | 275,000 | 411,000 | 50,000 |
| Net income | 302,000 | 628,000 | 930,000 | 284,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,242,000 | 10,568,000 | 10,870,000 | 9,979,000 |
| Total capital | 11,051,000 | 11,483,000 | 11,849,000 | 11,353,000 |
| Risk-weighted assets | 97,134,000 | 102,937,000 | 106,159,000 | 109,213,000 |