Call reports 2008
IOWA STATE BANK — 2008
What IOWA 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 | 113,984,000 | 114,312,000 | 112,857,000 | 115,676,000 |
| Total loans | 72,498,000 | 71,543,000 | 73,168,000 | 78,647,000 |
| Allowance for loan losses | 1,490,000 | 1,495,000 | 1,495,000 | 1,496,000 |
| Securities available for sale | 27,809,000 | 26,206,000 | 26,158,000 | 24,154,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 97,972,000 | 98,399,000 | 96,728,000 | 99,703,000 |
| Interest-bearing deposits | 93,156,000 | 93,667,000 | 91,874,000 | 93,305,000 |
| Noninterest-bearing deposits | 4,816,000 | 4,732,000 | 4,854,000 | 6,398,000 |
| Equity capital | 14,561,000 | 14,645,000 | 14,909,000 | 14,829,000 |
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 | 1,704,000 | 3,327,000 | 4,902,000 | 6,434,000 |
| Interest expense | 1,001,000 | 1,958,000 | 2,874,000 | 3,752,000 |
| Net interest income | 703,000 | 1,369,000 | 2,028,000 | 2,682,000 |
| Noninterest income | 5,000 | 10,000 | 21,000 | 27,000 |
| Noninterest expense | 222,000 | 455,000 | 743,000 | 1,071,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 486,000 | 924,000 | 1,306,000 | 1,638,000 |
| Income tax | 121,000 | 242,000 | 413,000 | 566,000 |
| Net income | 365,000 | 682,000 | 893,000 | 1,072,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,418,000 | 14,675,000 | 14,887,000 | 14,706,000 |
| Total capital | 15,497,000 | 15,661,000 | 15,890,000 | 15,759,000 |
| Risk-weighted assets | 85,884,000 | 78,378,000 | 79,719,000 | 83,784,000 |