Call reports 2008
BANK OF ELGIN — 2008
What BANK OF ELGIN 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 | 43,590,000 | 41,138,000 | 41,365,000 | 42,595,000 |
| Total loans | 29,141,000 | 29,457,000 | 29,486,000 | 27,081,000 |
| Allowance for loan losses | 547,000 | 550,000 | 550,000 | 369,000 |
| Securities available for sale | 8,191,000 | 8,160,000 | 7,986,000 | 6,989,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,672,000 | 30,686,000 | 30,262,000 | 32,362,000 |
| Interest-bearing deposits | 26,288,000 | 24,931,000 | 23,945,000 | 24,877,000 |
| Noninterest-bearing deposits | 6,384,000 | 5,756,000 | 6,317,000 | 7,485,000 |
| Equity capital | 4,035,000 | 4,087,000 | 4,323,000 | 3,964,000 |
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 | 645,000 | 1,255,000 | 1,833,000 | 2,385,000 |
| Interest expense | 266,000 | 504,000 | 722,000 | 931,000 |
| Net interest income | 379,000 | 751,000 | 1,111,000 | 1,454,000 |
| Noninterest income | 39,000 | 82,000 | 165,000 | 243,000 |
| Noninterest expense | 234,000 | 472,000 | 708,000 | 987,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 184,000 | 361,000 | 568,000 | 710,000 |
| Income tax | 4,000 | 7,000 | 11,000 | 16,000 |
| Net income | 180,000 | 354,000 | 557,000 | 694,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,470,000 | 3,645,000 | 3,848,000 | 3,365,000 |
| Total capital | 3,884,000 | 4,055,000 | 4,259,000 | 3,734,000 |
| Risk-weighted assets | 32,949,000 | 32,684,000 | 32,804,000 | 31,339,000 |