Call reports 2008
1ST EQUITY BANK NORTHWEST — 2008
What 1ST EQUITY BANK NORTHWEST 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 | 52,625,000 | 54,802,000 | 61,444,000 | 63,291,000 |
| Total loans | 47,380,000 | 51,759,000 | 51,656,000 | 53,916,000 |
| Allowance for loan losses | 459,000 | 489,000 | 579,000 | 591,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,392,000 | 37,104,000 | 38,565,000 | 40,467,000 |
| Interest-bearing deposits | 40,305,000 | 36,509,000 | 37,995,000 | 39,849,000 |
| Noninterest-bearing deposits | 87,000 | 595,000 | 570,000 | 618,000 |
| Equity capital | 7,958,000 | 7,839,000 | 7,903,000 | 7,843,000 |
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 | 885,000 | 1,740,000 | 2,590,000 | 3,462,000 |
| Interest expense | 479,000 | 922,000 | 1,372,000 | 1,885,000 |
| Net interest income | 406,000 | 818,000 | 1,218,000 | 1,577,000 |
| Noninterest income | 3,000 | 8,000 | 12,000 | 16,000 |
| Noninterest expense | 247,000 | 481,000 | 730,000 | 953,000 |
| Provision for loan losses | 10,000 | 40,000 | 130,000 | 328,000 |
| Pretax income | 152,000 | 305,000 | 370,000 | 312,000 |
| Income tax | 2,000 | 4,000 | 5,000 | 7,000 |
| Net income | 150,000 | 301,000 | 365,000 | 305,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,958,000 | 7,839,000 | 7,903,000 | 7,843,000 |
| Total capital | 8,417,000 | 8,328,000 | 8,431,000 | 8,400,000 |
| Risk-weighted assets | 39,628,000 | 41,450,000 | 42,194,000 | 44,537,000 |