Call reports 2008
FBT BANK & MORTGAGE — 2008
What FBT BANK & MORTGAGE 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 | 103,813,000 | 104,224,000 | 101,662,000 | 104,702,000 |
| Total loans | 63,457,000 | 61,412,000 | 60,441,000 | 60,327,000 |
| Allowance for loan losses | 1,261,000 | 1,107,000 | 1,105,000 | 1,240,000 |
| Securities available for sale | 29,416,000 | 30,280,000 | 25,428,000 | 30,682,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,044,000 | 80,711,000 | 77,972,000 | 81,261,000 |
| Interest-bearing deposits | 65,018,000 | 65,225,000 | 63,151,000 | 66,252,000 |
| Noninterest-bearing deposits | 15,026,000 | 15,485,000 | 14,821,000 | 15,009,000 |
| Equity capital | 10,117,000 | 9,906,000 | 10,083,000 | 9,886,000 |
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 | 1,668,000 | 3,324,000 | 4,974,000 | 6,600,000 |
| Interest expense | 603,000 | 1,203,000 | 1,748,000 | 2,263,000 |
| Net interest income | 1,065,000 | 2,121,000 | 3,226,000 | 4,337,000 |
| Noninterest income | 230,000 | 464,000 | 764,000 | 1,103,000 |
| Noninterest expense | 885,000 | 1,799,000 | 2,703,000 | 3,778,000 |
| Provision for loan losses | 0 | 0 | 0 | 300,000 |
| Pretax income | 410,000 | 785,000 | 1,242,000 | 1,316,000 |
| Income tax | 73,000 | 161,000 | 252,000 | 313,000 |
| Net income | 337,000 | 624,000 | 990,000 | 1,003,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,915,000 | 10,203,000 | 10,569,000 | 10,255,000 |
| Total capital | 10,707,000 | 10,989,000 | 11,343,000 | 11,041,000 |
| Risk-weighted assets | 62,919,000 | 62,559,000 | 61,598,000 | 62,422,000 |