Call reports 2008
LOGAN BANK & TRUST COMPANY — 2008
What LOGAN BANK & TRUST COMPANY 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 | 224,676,000 | 219,471,000 | 221,350,000 | 216,343,000 |
| Total loans | 103,423,000 | 101,898,000 | 100,313,000 | 101,123,000 |
| Allowance for loan losses | 1,461,000 | 1,461,000 | 1,463,000 | 1,462,000 |
| Securities available for sale | 79,912,000 | 82,690,000 | 87,828,000 | 92,738,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 201,830,000 | 198,034,000 | 200,187,000 | 192,957,000 |
| Interest-bearing deposits | 148,402,000 | 146,762,000 | 150,004,000 | 143,901,000 |
| Noninterest-bearing deposits | 53,428,000 | 51,272,000 | 50,183,000 | 49,056,000 |
| Equity capital | 21,334,000 | 20,759,000 | 20,899,000 | 22,168,000 |
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 | 3,005,000 | 5,915,000 | 8,835,000 | 11,774,000 |
| Interest expense | 930,000 | 1,777,000 | 2,536,000 | 3,207,000 |
| Net interest income | 2,075,000 | 4,138,000 | 6,299,000 | 8,567,000 |
| Noninterest income | 280,000 | 567,000 | 875,000 | 1,157,000 |
| Noninterest expense | 1,267,000 | 2,604,000 | 3,987,000 | 5,564,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,091,000 | 2,104,000 | 3,190,000 | 4,163,000 |
| Income tax | 384,000 | 737,000 | 1,119,000 | 1,476,000 |
| Net income | 707,000 | 1,367,000 | 2,071,000 | 2,687,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,360,000 | 20,483,000 | 20,788,000 | 20,820,000 |
| Total capital | 21,674,000 | 21,778,000 | 22,086,000 | 22,087,000 |
| Risk-weighted assets | 104,986,000 | 103,404,000 | 103,694,000 | 101,181,000 |