Call reports 2008
BLACK MOUNTAIN SAVINGS BANK, SSB — 2008
What BLACK MOUNTAIN SAVINGS BANK, SSB 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 | 32,616,000 | 31,479,000 | 32,532,000 | 32,412,000 |
| Total loans | 25,979,000 | 26,554,000 | 27,118,000 | 27,667,000 |
| Allowance for loan losses | 23,000 | 23,000 | 23,000 | 23,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,955,000 | 27,789,000 | 28,779,000 | 28,682,000 |
| Interest-bearing deposits | 28,928,000 | 27,772,000 | 28,763,000 | 28,669,000 |
| Noninterest-bearing deposits | 27,000 | 17,000 | 16,000 | 13,000 |
| Equity capital | 3,506,000 | 3,540,000 | 3,591,000 | 3,592,000 |
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 | 479,000 | 969,000 | 1,460,000 | 1,931,000 |
| Interest expense | 290,000 | 548,000 | 785,000 | 1,014,000 |
| Net interest income | 189,000 | 421,000 | 675,000 | 917,000 |
| Noninterest income | 5,000 | 6,000 | 12,000 | 12,000 |
| Noninterest expense | 180,000 | 372,000 | 570,000 | 793,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 14,000 | 55,000 | 117,000 | 136,000 |
| Income tax | 2,000 | 9,000 | 20,000 | 38,000 |
| Net income | 12,000 | 46,000 | 97,000 | 98,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,506,000 | 3,540,000 | 3,591,000 | 3,592,000 |
| Total capital | 3,529,000 | 3,563,000 | 3,614,000 | 3,615,000 |
| Risk-weighted assets | 16,198,000 | 15,709,000 | 16,091,000 | 16,598,000 |