Call reports 2008
BEDFORD LOAN & DEPOSIT BANK — 2008
What BEDFORD LOAN & DEPOSIT 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 | 76,220,000 | 74,940,000 | 72,114,000 | 75,063,000 |
| Total loans | 45,489,000 | 47,209,000 | 46,807,000 | 47,405,000 |
| Allowance for loan losses | 716,000 | 698,000 | 680,000 | 667,000 |
| Securities available for sale | 20,235,000 | 19,505,000 | 18,180,000 | 18,512,000 |
| Securities held to maturity | 680,000 | 580,000 | 580,000 | 580,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,822,000 | 63,701,000 | 60,766,000 | 63,527,000 |
| Interest-bearing deposits | 56,038,000 | 54,178,000 | 51,752,000 | 54,955,000 |
| Noninterest-bearing deposits | 8,784,000 | 9,523,000 | 9,014,000 | 8,572,000 |
| Equity capital | 9,019,000 | 8,976,000 | 9,135,000 | 9,467,000 |
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 | 1,184,000 | 2,343,000 | 3,492,000 | 4,619,000 |
| Interest expense | 507,000 | 966,000 | 1,400,000 | 1,826,000 |
| Net interest income | 677,000 | 1,377,000 | 2,092,000 | 2,793,000 |
| Noninterest income | 250,000 | 498,000 | 749,000 | 978,000 |
| Noninterest expense | 742,000 | 1,412,000 | 2,141,000 | 2,773,000 |
| Provision for loan losses | 9,000 | 18,000 | 27,000 | 36,000 |
| Pretax income | 176,000 | 445,000 | 673,000 | 962,000 |
| Income tax | 41,000 | 111,000 | 166,000 | 241,000 |
| Net income | 135,000 | 334,000 | 507,000 | 721,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,929,000 | 9,060,000 | 9,232,000 | 9,376,000 |
| Total capital | 9,469,000 | 9,607,000 | 9,766,000 | 9,918,000 |
| Risk-weighted assets | 43,011,000 | 43,618,000 | 42,599,000 | 43,254,000 |