Call reports 2008
STATE BANK OF FAIRMONT — 2008
What STATE BANK OF FAIRMONT 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 | 83,485,000 | 84,114,000 | 84,237,000 | 87,134,000 |
| Total loans | 58,594,000 | 60,236,000 | 60,776,000 | 59,780,000 |
| Allowance for loan losses | 1,153,000 | 1,172,000 | 1,172,000 | 1,119,000 |
| Securities available for sale | 20,946,000 | 20,863,000 | 21,298,000 | 23,363,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,510,000 | 70,722,000 | 71,278,000 | 74,738,000 |
| Interest-bearing deposits | 64,897,000 | 65,365,000 | 65,046,000 | 67,669,000 |
| Noninterest-bearing deposits | 5,613,000 | 5,357,000 | 6,232,000 | 7,069,000 |
| Equity capital | 8,154,000 | 7,913,000 | 7,923,000 | 8,249,000 |
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 | 1,400,000 | 2,752,000 | 4,121,000 | 5,451,000 |
| Interest expense | 686,000 | 1,334,000 | 1,938,000 | 2,501,000 |
| Net interest income | 714,000 | 1,418,000 | 2,183,000 | 2,950,000 |
| Noninterest income | 79,000 | 155,000 | 222,000 | 285,000 |
| Noninterest expense | 359,000 | 754,000 | 1,125,000 | 1,910,000 |
| Provision for loan losses | 15,000 | 38,000 | 60,000 | 208,000 |
| Pretax income | 419,000 | 782,000 | 898,000 | 788,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | 419,000 | 781,000 | 897,000 | 787,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,272,000 | 8,372,000 | 8,412,000 | 8,302,000 |
| Total capital | 9,092,000 | 9,212,000 | 9,259,000 | 9,148,000 |
| Risk-weighted assets | 65,231,000 | 66,835,000 | 67,435,000 | 67,382,000 |