Call reports 2008
POLK COUNTY BANK — 2008
What POLK COUNTY 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 | 174,385,000 | 167,415,000 | 163,128,000 | 154,204,000 |
| Total loans | 143,013,000 | 137,336,000 | 128,571,000 | 118,886,000 |
| Allowance for loan losses | 2,278,000 | 3,118,000 | 2,977,000 | 1,797,000 |
| Securities available for sale | 9,597,000 | 10,206,000 | 10,154,000 | 10,296,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 142,966,000 | 136,775,000 | 130,411,000 | 120,811,000 |
| Interest-bearing deposits | 121,498,000 | 115,410,000 | 108,296,000 | 98,027,000 |
| Noninterest-bearing deposits | 21,469,000 | 21,365,000 | 22,115,000 | 22,783,000 |
| Equity capital | 15,267,000 | 14,270,000 | 14,972,000 | 13,490,000 |
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 | 2,947,000 | 5,483,000 | 7,808,000 | 9,852,000 |
| Interest expense | 1,243,000 | 2,319,000 | 3,242,000 | 4,224,000 |
| Net interest income | 1,704,000 | 3,164,000 | 4,566,000 | 5,628,000 |
| Noninterest income | 245,000 | 532,000 | 711,000 | 537,000 |
| Noninterest expense | 1,504,000 | 3,190,000 | 4,607,000 | 6,273,000 |
| Provision for loan losses | 111,000 | 2,150,000 | 2,270,000 | 2,975,000 |
| Pretax income | 334,000 | -1,644,000 | -1,600,000 | -3,083,000 |
| Income tax | -12,000 | -12,000 | -12,000 | -122,000 |
| Net income | 346,000 | -1,632,000 | -1,588,000 | -2,961,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,164,000 | 14,271,000 | 14,938,000 | 13,353,000 |
| Total capital | 16,851,000 | 15,942,000 | 16,522,000 | 14,820,000 |
| Risk-weighted assets | 133,648,000 | 131,442,000 | 124,580,000 | 116,264,000 |