Call reports 2008
BANK OF CLARKS — 2008
What BANK OF CLARKS 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 | 35,080,000 | 33,822,000 | 34,317,000 | 35,526,000 |
| Total loans | 24,076,000 | 26,675,000 | 28,918,000 | 29,164,000 |
| Allowance for loan losses | 823,000 | 825,000 | 767,000 | 713,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 2,220,000 | 3,005,000 | 2,655,000 | 2,350,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,705,000 | 28,488,000 | 26,201,000 | 28,077,000 |
| Interest-bearing deposits | 24,695,000 | 24,076,000 | 22,240,000 | 22,649,000 |
| Noninterest-bearing deposits | 5,010,000 | 4,412,000 | 3,961,000 | 5,428,000 |
| Equity capital | 3,096,000 | 3,112,000 | 3,192,000 | 3,081,000 |
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 | 564,000 | 1,053,000 | 1,614,000 | 2,138,000 |
| Interest expense | 238,000 | 444,000 | 623,000 | 799,000 |
| Net interest income | 326,000 | 609,000 | 991,000 | 1,339,000 |
| Noninterest income | 39,000 | 79,000 | 119,000 | 164,000 |
| Noninterest expense | 313,000 | 606,000 | 914,000 | 1,183,000 |
| Provision for loan losses | 0 | 0 | 0 | 5,000 |
| Pretax income | 52,000 | 82,000 | 196,000 | 315,000 |
| Income tax | 18,000 | 31,000 | 65,000 | 95,000 |
| Net income | 34,000 | 51,000 | 131,000 | 220,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,096,000 | 3,112,000 | 3,192,000 | 3,081,000 |
| Total capital | 3,417,000 | 3,450,000 | 3,553,000 | 3,474,000 |
| Risk-weighted assets | 25,183,000 | 26,580,000 | 28,442,000 | 31,142,000 |