Call reports 2008
MADISON BANK — 2008
What MADISON 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 | 145,337,000 | 142,074,000 | 148,007,000 | 141,740,000 |
| Total loans | 118,628,000 | 117,294,000 | 121,670,000 | 118,365,000 |
| Allowance for loan losses | 1,742,000 | 1,708,000 | 1,555,000 | 1,621,000 |
| Securities available for sale | 14,912,000 | 14,727,000 | 14,025,000 | 14,627,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 119,989,000 | 120,028,000 | 120,464,000 | 118,369,000 |
| Interest-bearing deposits | 103,914,000 | 102,254,000 | 102,312,000 | 102,266,000 |
| Noninterest-bearing deposits | 16,075,000 | 17,774,000 | 18,152,000 | 16,103,000 |
| Equity capital | 10,545,000 | 10,552,000 | 10,583,000 | 10,961,000 |
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 | 2,270,000 | 4,472,000 | 6,611,000 | 8,699,000 |
| Interest expense | 1,044,000 | 1,990,000 | 2,842,000 | 3,636,000 |
| Net interest income | 1,226,000 | 2,482,000 | 3,769,000 | 5,063,000 |
| Noninterest income | 408,000 | 816,000 | 1,278,000 | 1,715,000 |
| Noninterest expense | 1,419,000 | 2,815,000 | 4,285,000 | 5,714,000 |
| Provision for loan losses | 50,000 | 110,000 | 200,000 | 290,000 |
| Pretax income | 222,000 | 430,000 | 647,000 | 859,000 |
| Income tax | 75,000 | 146,000 | 220,000 | 276,000 |
| Net income | 147,000 | 284,000 | 427,000 | 583,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,404,000 | 10,542,000 | 10,593,000 | 10,753,000 |
| Total capital | 11,800,000 | 11,926,000 | 12,031,000 | 12,160,000 |
| Risk-weighted assets | 111,316,000 | 110,412,000 | 114,926,000 | 112,349,000 |