Call reports 2008
BANK OF AKRON — 2008
What BANK OF AKRON 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 | 167,331,000 | 176,408,000 | 175,596,000 | 174,771,000 |
| Total loans | 107,793,000 | 113,561,000 | 118,963,000 | 125,346,000 |
| Allowance for loan losses | 2,302,000 | 2,317,000 | 2,328,000 | 2,457,000 |
| Securities available for sale | 14,244,000 | 14,355,000 | 13,223,000 | 12,815,000 |
| Securities held to maturity | 20,177,000 | 18,387,000 | 17,140,000 | 16,039,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 138,158,000 | 146,893,000 | 146,150,000 | 143,728,000 |
| Interest-bearing deposits | 111,666,000 | 117,094,000 | 115,793,000 | 115,334,000 |
| Noninterest-bearing deposits | 26,492,000 | 29,799,000 | 30,357,000 | 28,394,000 |
| Equity capital | 21,559,000 | 21,707,000 | 21,796,000 | 21,522,000 |
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 | 2,281,000 | 4,564,000 | 6,950,000 | 9,292,000 |
| Interest expense | 681,000 | 1,357,000 | 2,003,000 | 2,599,000 |
| Net interest income | 1,600,000 | 3,207,000 | 4,947,000 | 6,693,000 |
| Noninterest income | 233,000 | 526,000 | 817,000 | 1,144,000 |
| Noninterest expense | 1,388,000 | 2,812,000 | 4,214,000 | 5,675,000 |
| Provision for loan losses | 10,000 | 23,000 | 37,000 | 186,000 |
| Pretax income | 435,000 | 898,000 | 1,513,000 | 1,976,000 |
| Income tax | 134,000 | 298,000 | 522,000 | 535,000 |
| Net income | 301,000 | 600,000 | 991,000 | 1,441,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,506,000 | 20,625,000 | 20,836,000 | 20,625,000 |
| Total capital | 22,899,000 | 23,162,000 | 23,214,000 | 22,837,000 |
| Risk-weighted assets | 120,340,000 | 123,321,000 | 123,064,000 | 126,220,000 |