Call reports 2008
DENMARK STATE BANK — 2008
What DENMARK STATE 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 | 359,982,000 | 367,113,000 | 361,031,000 | 377,898,000 |
| Total loans | 265,507,000 | 263,760,000 | 267,456,000 | 272,622,000 |
| Allowance for loan losses | 5,552,000 | 5,615,000 | 5,639,000 | 5,878,000 |
| Securities available for sale | 33,763,000 | 38,038,000 | 35,495,000 | 37,320,000 |
| Securities held to maturity | 34,428,000 | 35,361,000 | 36,217,000 | 36,263,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 295,481,000 | 298,612,000 | 295,367,000 | 307,622,000 |
| Interest-bearing deposits | 262,573,000 | 262,751,000 | 260,934,000 | 266,752,000 |
| Noninterest-bearing deposits | 32,908,000 | 35,861,000 | 34,433,000 | 40,870,000 |
| Equity capital | 37,543,000 | 37,330,000 | 36,862,000 | 35,890,000 |
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 | 5,912,000 | 11,496,000 | 16,996,000 | 22,221,000 |
| Interest expense | 2,655,000 | 4,931,000 | 7,038,000 | 8,983,000 |
| Net interest income | 3,257,000 | 6,565,000 | 9,958,000 | 13,238,000 |
| Noninterest income | 251,000 | 620,000 | 789,000 | 1,153,000 |
| Noninterest expense | 2,508,000 | 5,025,000 | 7,587,000 | 10,174,000 |
| Provision for loan losses | 150,000 | 325,000 | 550,000 | 1,250,000 |
| Pretax income | 850,000 | 1,835,000 | 2,641,000 | 2,998,000 |
| Income tax | -244,000 | -88,000 | 0 | -93,000 |
| Net income | 1,094,000 | 1,923,000 | 2,641,000 | 3,091,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,565,000 | 36,844,000 | 36,912,000 | 36,712,000 |
| Total capital | 39,992,000 | 40,273,000 | 40,357,000 | 40,246,000 |
| Risk-weighted assets | 271,992,000 | 272,165,000 | 273,397,000 | 280,391,000 |