Call reports 2008
FIRST NATIONAL BANK OF GROTON, THE — 2008
What FIRST NATIONAL BANK OF GROTON, THE 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 | 113,713,000 | 116,454,000 | 117,021,000 | 111,348,000 |
| Total loans | 61,187,000 | 61,931,000 | 61,406,000 | 62,201,000 |
| Allowance for loan losses | 793,000 | 770,000 | 761,000 | 889,000 |
| Securities available for sale | 21,398,000 | 22,990,000 | 22,642,000 | 28,091,000 |
| Securities held to maturity | 13,449,000 | 13,175,000 | 13,589,000 | 14,747,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 98,172,000 | 100,825,000 | 101,158,000 | 94,915,000 |
| Interest-bearing deposits | 80,202,000 | 83,480,000 | 82,152,000 | 77,988,000 |
| Noninterest-bearing deposits | 17,970,000 | 17,345,000 | 19,006,000 | 16,927,000 |
| Equity capital | 15,173,000 | 15,031,000 | 15,516,000 | 15,705,000 |
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 | 1,804,000 | 3,579,000 | 5,361,000 | 7,147,000 |
| Interest expense | 547,000 | 1,059,000 | 1,538,000 | 1,967,000 |
| Net interest income | 1,257,000 | 2,520,000 | 3,823,000 | 5,180,000 |
| Noninterest income | 175,000 | 385,000 | 647,000 | 874,000 |
| Noninterest expense | 897,000 | 1,770,000 | 2,654,000 | 3,572,000 |
| Provision for loan losses | 70,000 | 140,000 | 250,000 | 435,000 |
| Pretax income | 465,000 | 995,000 | 1,566,000 | 2,047,000 |
| Income tax | 131,000 | 292,000 | 466,000 | 600,000 |
| Net income | 334,000 | 703,000 | 1,100,000 | 1,447,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,936,000 | 15,006,000 | 15,402,000 | 15,359,000 |
| Total capital | 15,707,000 | 15,776,000 | 16,163,000 | 16,122,000 |
| Risk-weighted assets | 61,652,000 | 62,986,000 | 62,425,000 | 60,902,000 |