Call reports 2008
MIDCAROLINA BANK — 2008
What MIDCAROLINA 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 | 489,296,000 | 514,472,000 | 522,300,000 | 540,376,000 |
| Total loans | 388,605,000 | 407,643,000 | 419,232,000 | 434,662,000 |
| Allowance for loan losses | 4,649,000 | 4,824,000 | 5,372,000 | 5,632,000 |
| Securities available for sale | 70,149,000 | 71,309,000 | 69,772,000 | 70,920,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 390,660,000 | 438,672,000 | 443,420,000 | 467,948,000 |
| Interest-bearing deposits | 359,756,000 | 403,889,000 | 407,360,000 | 429,848,000 |
| Noninterest-bearing deposits | 30,904,000 | 34,783,000 | 36,060,000 | 38,100,000 |
| Equity capital | 43,644,000 | 43,745,000 | 43,477,000 | 45,251,000 |
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 | 7,586,000 | 14,876,000 | 22,378,000 | 29,617,000 |
| Interest expense | 4,156,000 | 7,842,000 | 11,273,000 | 14,724,000 |
| Net interest income | 3,430,000 | 7,034,000 | 11,105,000 | 14,893,000 |
| Noninterest income | 703,000 | 1,439,000 | 2,584,000 | 3,173,000 |
| Noninterest expense | 2,376,000 | 4,801,000 | 7,325,000 | 9,955,000 |
| Provision for loan losses | 225,000 | 450,000 | 1,155,000 | 1,665,000 |
| Pretax income | 1,549,000 | 3,249,000 | 5,238,000 | 5,985,000 |
| Income tax | 469,000 | 972,000 | 1,587,000 | 1,741,000 |
| Net income | 1,080,000 | 2,277,000 | 3,651,000 | 4,244,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,755,000 | 44,669,000 | 45,777,000 | 46,135,000 |
| Total capital | 48,404,000 | 49,493,000 | 51,149,000 | 51,767,000 |
| Risk-weighted assets | 418,169,000 | 438,825,000 | 448,698,000 | 462,731,000 |