Call reports 2008
WSB MUNICIPAL BANK — 2008
What WSB MUNICIPAL 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 | 89,756,000 | 18,340,000 | 21,042,000 | 21,063,000 |
| Total loans | 54,786,000 | 0 | 0 | 0 |
| Allowance for loan losses | 354,000 | 0 | 0 | 0 |
| Securities available for sale | 15,648,000 | 17,847,000 | 16,817,000 | 14,525,000 |
| Securities held to maturity | 41,000 | 41,000 | 1,098,000 | 2,695,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,569,000 | 15,077,000 | 17,790,000 | 17,659,000 |
| Interest-bearing deposits | 63,612,000 | 11,495,000 | 17,461,000 | 17,310,000 |
| Noninterest-bearing deposits | 16,957,000 | 3,582,000 | 329,000 | 349,000 |
| Equity capital | 8,378,000 | 3,233,000 | 3,249,000 | 3,360,000 |
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 | 1,164,000 | 26,000 | 187,000 | 341,000 |
| Interest expense | 524,000 | 17,000 | 127,000 | 240,000 |
| Net interest income | 640,000 | 9,000 | 60,000 | 101,000 |
| Noninterest income | 144,000 | 0 | 0 | 0 |
| Noninterest expense | 732,000 | 0 | 19,000 | 37,000 |
| Provision for loan losses | -50,000 | 0 | 0 | 0 |
| Pretax income | 102,000 | 9,000 | 41,000 | 64,000 |
| Income tax | 0 | 0 | 0 | 23,000 |
| Net income | 102,000 | 9,000 | 41,000 | 41,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,345,000 | 3,302,000 | 3,333,000 | 3,334,000 |
| Total capital | 8,699,000 | 3,302,000 | 3,333,000 | 3,334,000 |
| Risk-weighted assets | 58,468,000 | 3,873,000 | 5,071,000 | 3,816,000 |