Call reports 2008
FIRST NATIONS BANK — 2008
What FIRST NATIONS 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 | 211,750,000 | 232,502,000 | 235,078,000 | 236,369,000 |
| Total loans | 185,442,000 | 185,908,000 | 196,637,000 | 193,047,000 |
| Allowance for loan losses | 1,909,000 | 1,798,000 | 1,830,000 | 1,810,000 |
| Securities available for sale | 6,502,000 | 13,616,000 | 15,747,000 | 16,498,000 |
| Securities held to maturity | 10,000 | 9,000 | 9,000 | 8,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 170,217,000 | 190,938,000 | 192,984,000 | 192,632,000 |
| Interest-bearing deposits | 146,516,000 | 165,172,000 | 166,388,000 | 168,258,000 |
| Noninterest-bearing deposits | 23,702,000 | 25,766,000 | 26,596,000 | 24,373,000 |
| Equity capital | 19,267,000 | 19,541,000 | 19,839,000 | 20,461,000 |
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 | 3,267,000 | 6,517,000 | 9,853,000 | 13,129,000 |
| Interest expense | 1,655,000 | 3,153,000 | 4,633,000 | 6,081,000 |
| Net interest income | 1,612,000 | 3,364,000 | 5,220,000 | 7,048,000 |
| Noninterest income | 133,000 | 274,000 | 415,000 | 544,000 |
| Noninterest expense | 1,159,000 | 2,321,000 | 3,474,000 | 4,463,000 |
| Provision for loan losses | 0 | 60,000 | 131,000 | 323,000 |
| Pretax income | 586,000 | 1,257,000 | 2,030,000 | 2,802,000 |
| Income tax | 224,000 | 481,000 | 774,000 | 1,066,000 |
| Net income | 362,000 | 776,000 | 1,256,000 | 1,736,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,209,000 | 19,553,000 | 19,963,000 | 20,366,000 |
| Total capital | 20,960,000 | 21,178,000 | 21,614,000 | 21,993,000 |
| Risk-weighted assets | 176,522,000 | 181,456,000 | 193,955,000 | 192,497,000 |