Call reports 2008
NATIONAL BANK OF MIDDLEBURY — 2008
What NATIONAL BANK OF MIDDLEBURY 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 | 229,164,000 | 239,318,000 | 251,301,000 | 253,515,000 |
| Total loans | 164,598,000 | 170,620,000 | 179,738,000 | 184,475,000 |
| Allowance for loan losses | 1,588,000 | 1,588,000 | 1,637,000 | 1,724,000 |
| Securities available for sale | 36,992,000 | 38,833,000 | 37,618,000 | 37,557,000 |
| Securities held to maturity | 2,409,000 | 1,908,000 | 1,908,000 | 1,907,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 188,240,000 | 187,772,000 | 201,783,000 | 204,166,000 |
| Interest-bearing deposits | 180,561,000 | 179,378,000 | 192,994,000 | 196,563,000 |
| Noninterest-bearing deposits | 7,679,000 | 8,394,000 | 8,789,000 | 7,603,000 |
| Equity capital | 20,232,000 | 19,905,000 | 19,967,000 | 20,636,000 |
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 | 3,280,000 | 6,453,000 | 9,726,000 | 12,970,000 |
| Interest expense | 973,000 | 1,807,000 | 2,662,000 | 3,442,000 |
| Net interest income | 2,307,000 | 4,646,000 | 7,064,000 | 9,528,000 |
| Noninterest income | 398,000 | 892,000 | 1,378,000 | 1,768,000 |
| Noninterest expense | 2,213,000 | 4,487,000 | 6,922,000 | 9,309,000 |
| Provision for loan losses | 0 | 0 | 48,000 | 170,000 |
| Pretax income | 492,000 | 1,051,000 | 1,472,000 | 1,817,000 |
| Income tax | 65,000 | 164,000 | 197,000 | 166,000 |
| Net income | 427,000 | 887,000 | 1,275,000 | 1,651,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,259,000 | 19,558,000 | 19,783,000 | 19,993,000 |
| Total capital | 20,967,000 | 21,266,000 | 21,557,000 | 21,838,000 |
| Risk-weighted assets | 165,770,000 | 175,070,000 | 187,289,000 | 191,290,000 |