Call reports 2008
AREA BANK — 2008
What AREA 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 | 47,528,000 | 46,648,000 | 48,486,000 | 48,410,000 |
| Total loans | 22,590,000 | 23,181,000 | 23,706,000 | 24,619,000 |
| Allowance for loan losses | 541,000 | 540,000 | 545,000 | 563,000 |
| Securities available for sale | 19,217,000 | 19,212,000 | 19,455,000 | 18,884,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,830,000 | 40,433,000 | 42,250,000 | 40,980,000 |
| Interest-bearing deposits | 34,337,000 | 34,407,000 | 35,653,000 | 34,836,000 |
| Noninterest-bearing deposits | 6,493,000 | 6,026,000 | 6,597,000 | 6,144,000 |
| Equity capital | 4,861,000 | 4,375,000 | 4,383,000 | 4,589,000 |
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 | 660,000 | 1,311,000 | 1,963,000 | 2,641,000 |
| Interest expense | 277,000 | 554,000 | 827,000 | 1,088,000 |
| Net interest income | 383,000 | 757,000 | 1,136,000 | 1,553,000 |
| Noninterest income | 92,000 | 148,000 | 215,000 | 278,000 |
| Noninterest expense | 343,000 | 638,000 | 949,000 | 1,295,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 206,000 | 326,000 | 435,000 | 561,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 206,000 | 326,000 | 435,000 | 561,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,348,000 | 4,467,000 | 4,163,000 | 4,289,000 |
| Total capital | 4,656,000 | 4,779,000 | 4,464,000 | 4,591,000 |
| Risk-weighted assets | 24,437,000 | 24,708,000 | 23,852,000 | 23,923,000 |