Call reports 2008
LA FARGE STATE BANK — 2008
What LA FARGE STATE 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 | 42,893,000 | 43,595,000 | 42,805,000 | 43,363,000 |
| Total loans | 29,004,000 | 28,398,000 | 28,725,000 | 31,410,000 |
| Allowance for loan losses | 284,000 | 284,000 | 284,000 | 292,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 8,267,000 | 11,613,000 | 10,090,000 | 7,742,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,708,000 | 29,575,000 | 29,590,000 | 30,310,000 |
| Interest-bearing deposits | 25,373,000 | 25,622,000 | 25,812,000 | 26,299,000 |
| Noninterest-bearing deposits | 4,335,000 | 3,953,000 | 3,778,000 | 4,011,000 |
| Equity capital | 12,649,000 | 12,914,000 | 12,941,000 | 12,947,000 |
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 | 675,000 | 1,316,000 | 1,970,000 | 2,635,000 |
| Interest expense | 223,000 | 412,000 | 591,000 | 755,000 |
| Net interest income | 452,000 | 904,000 | 1,379,000 | 1,880,000 |
| Noninterest income | 36,000 | 71,000 | 115,000 | 156,000 |
| Noninterest expense | 147,000 | 297,000 | 707,000 | 856,000 |
| Provision for loan losses | 0 | 0 | 0 | 58,000 |
| Pretax income | 341,000 | 678,000 | 787,000 | 762,000 |
| Income tax | 102,000 | 174,000 | 256,000 | 225,000 |
| Net income | 239,000 | 504,000 | 531,000 | 537,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,649,000 | 12,914,000 | 12,941,000 | 12,947,000 |
| Total capital | 12,933,000 | 13,198,000 | 13,225,000 | 13,239,000 |
| Risk-weighted assets | 34,867,000 | 34,368,000 | 33,087,000 | 34,192,000 |