Call reports 2008
ACB BANK — 2008
What ACB 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 | 48,825,000 | 48,391,000 | 49,002,000 | 52,739,000 |
| Total loans | 32,354,000 | 30,345,000 | 30,015,000 | 34,139,000 |
| Allowance for loan losses | 594,000 | 600,000 | 308,000 | 393,000 |
| Securities available for sale | 8,783,000 | 10,136,000 | 13,152,000 | 13,057,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,795,000 | 39,566,000 | 38,075,000 | 39,587,000 |
| Interest-bearing deposits | 34,139,000 | 33,677,000 | 32,598,000 | 33,458,000 |
| Noninterest-bearing deposits | 5,656,000 | 5,889,000 | 5,477,000 | 6,129,000 |
| Equity capital | 5,582,000 | 5,089,000 | 5,178,000 | 5,327,000 |
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 | 797,000 | 1,431,000 | 2,094,000 | 2,824,000 |
| Interest expense | 351,000 | 657,000 | 942,000 | 1,214,000 |
| Net interest income | 446,000 | 774,000 | 1,152,000 | 1,610,000 |
| Noninterest income | 67,000 | 135,000 | 196,000 | 267,000 |
| Noninterest expense | 364,000 | 726,000 | 1,110,000 | 1,551,000 |
| Provision for loan losses | 0 | 0 | 20,000 | 96,000 |
| Pretax income | 149,000 | 183,000 | 221,000 | 233,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 149,000 | 183,000 | 221,000 | 233,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,482,000 | 5,170,000 | 5,195,000 | 5,334,000 |
| Total capital | 5,923,000 | 5,606,000 | 5,503,000 | 5,727,000 |
| Risk-weighted assets | 35,125,000 | 35,180,000 | 35,406,000 | 39,017,000 |