Call reports 2008
HARFORD BANK — 2008
What HARFORD 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 | 222,402,000 | 224,252,000 | 235,651,000 | 241,333,000 |
| Total loans | 176,520,000 | 184,827,000 | 196,209,000 | 203,466,000 |
| Allowance for loan losses | 1,593,000 | 1,684,000 | 1,778,000 | 1,852,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 14,625,000 | 12,827,000 | 12,960,000 | 12,963,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 184,494,000 | 179,317,000 | 180,911,000 | 183,910,000 |
| Interest-bearing deposits | 150,030,000 | 144,130,000 | 148,253,000 | 152,759,000 |
| Noninterest-bearing deposits | 34,465,000 | 35,188,000 | 32,658,000 | 31,151,000 |
| Equity capital | 23,228,000 | 23,441,000 | 23,346,000 | 23,692,000 |
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 | 3,227,000 | 6,407,000 | 9,647,000 | 12,971,000 |
| Interest expense | 1,100,000 | 2,178,000 | 3,299,000 | 4,475,000 |
| Net interest income | 2,127,000 | 4,229,000 | 6,348,000 | 8,496,000 |
| Noninterest income | 433,000 | 767,000 | 1,168,000 | 1,566,000 |
| Noninterest expense | 1,790,000 | 3,571,000 | 5,369,000 | 7,172,000 |
| Provision for loan losses | 80,000 | 160,000 | 240,000 | 320,000 |
| Pretax income | 690,000 | 1,266,000 | 1,908,000 | 2,571,000 |
| Income tax | 220,000 | 407,000 | 622,000 | 846,000 |
| Net income | 470,000 | 859,000 | 1,286,000 | 1,725,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,228,000 | 23,441,000 | 23,346,000 | 23,692,000 |
| Total capital | 24,821,000 | 25,125,000 | 25,124,000 | 25,544,000 |
| Risk-weighted assets | 184,926,000 | 192,790,000 | 201,376,000 | 209,480,000 |