Call reports 2008
ERGO BANK — 2008
What ERGO 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 | 79,454,000 | 77,074,000 | 78,122,000 | 79,620,000 |
| Total loans | 43,134,000 | 42,369,000 | 40,675,000 | 42,011,000 |
| Allowance for loan losses | 562,000 | 578,000 | 572,000 | 600,000 |
| Securities available for sale | 26,998,000 | 26,044,000 | 26,782,000 | 27,265,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,697,000 | 59,791,000 | 60,714,000 | 61,945,000 |
| Interest-bearing deposits | 56,701,000 | 54,669,000 | 55,322,000 | 56,011,000 |
| Noninterest-bearing deposits | 4,996,000 | 5,121,000 | 5,392,000 | 5,934,000 |
| Equity capital | 10,203,000 | 9,926,000 | 10,076,000 | 10,513,000 |
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 | 1,235,000 | 2,440,000 | 3,544,000 | 4,655,000 |
| Interest expense | 491,000 | 924,000 | 1,343,000 | 1,739,000 |
| Net interest income | 744,000 | 1,516,000 | 2,201,000 | 2,916,000 |
| Noninterest income | 129,000 | 368,000 | 448,000 | 507,000 |
| Noninterest expense | 574,000 | 1,156,000 | 1,749,000 | 2,328,000 |
| Provision for loan losses | 85,000 | 170,000 | 255,000 | 340,000 |
| Pretax income | 214,000 | 558,000 | 645,000 | 755,000 |
| Income tax | 22,000 | 99,000 | 74,000 | -100,000 |
| Net income | 192,000 | 459,000 | 571,000 | 855,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,823,000 | 9,925,000 | 9,936,000 | 10,159,000 |
| Total capital | 10,385,000 | 10,503,000 | 10,508,000 | 10,759,000 |
| Risk-weighted assets | 48,675,000 | 47,626,000 | 46,730,000 | 48,126,000 |