Call reports 2008
CLARE BANK, NATIONAL ASSOCIATION — 2008
What CLARE BANK, NATIONAL ASSOCIATION 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 | 206,107,000 | 205,394,000 | 206,470,000 | 211,316,000 |
| Total loans | 111,164,000 | 111,618,000 | 113,740,000 | 113,551,000 |
| Allowance for loan losses | 781,000 | 765,000 | 738,000 | 701,000 |
| Securities available for sale | 69,813,000 | 75,170,000 | 81,102,000 | 81,694,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 180,034,000 | 184,770,000 | 182,463,000 | 183,999,000 |
| Interest-bearing deposits | 160,953,000 | 164,589,000 | 161,224,000 | 161,431,000 |
| Noninterest-bearing deposits | 19,081,000 | 20,181,000 | 21,239,000 | 22,568,000 |
| Equity capital | 19,182,000 | 18,680,000 | 18,700,000 | 19,585,000 |
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 | 2,600,000 | 5,243,000 | 7,978,000 | 10,607,000 |
| Interest expense | 1,468,000 | 2,816,000 | 4,084,000 | 5,231,000 |
| Net interest income | 1,132,000 | 2,427,000 | 3,894,000 | 5,376,000 |
| Noninterest income | 163,000 | 304,000 | 480,000 | 635,000 |
| Noninterest expense | 742,000 | 1,405,000 | 2,109,000 | 2,711,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 553,000 | 1,326,000 | 2,265,000 | 3,469,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 553,000 | 1,326,000 | 2,265,000 | 3,469,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,326,000 | 17,798,000 | 18,267,000 | 17,637,000 |
| Total capital | 18,107,000 | 18,563,000 | 19,005,000 | 18,338,000 |
| Risk-weighted assets | 103,537,000 | 107,042,000 | 108,618,000 | 108,412,000 |