Call reports 2008
FIRST BANK OF UTICA — 2008
What FIRST BANK OF UTICA 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 | 30,027,000 | 30,244,000 | 30,603,000 | 30,456,000 |
| Total loans | 19,055,000 | 20,551,000 | 22,464,000 | 22,622,000 |
| Allowance for loan losses | 350,000 | 347,000 | 357,000 | 362,000 |
| Securities available for sale | 3,874,000 | 4,359,000 | 4,164,000 | 4,173,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,191,000 | 25,461,000 | 24,630,000 | 24,322,000 |
| Interest-bearing deposits | 21,777,000 | 22,372,000 | 20,928,000 | 20,295,000 |
| Noninterest-bearing deposits | 3,414,000 | 3,089,000 | 3,702,000 | 4,028,000 |
| Equity capital | 2,996,000 | 3,042,000 | 3,154,000 | 3,256,000 |
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 | 357,000 | 798,000 | 1,278,000 | 1,765,000 |
| Interest expense | 155,000 | 294,000 | 422,000 | 545,000 |
| Net interest income | 202,000 | 504,000 | 856,000 | 1,220,000 |
| Noninterest income | 23,000 | 46,000 | 71,000 | 94,000 |
| Noninterest expense | 212,000 | 437,000 | 650,000 | 918,000 |
| Provision for loan losses | 0 | 0 | 0 | 10,000 |
| Pretax income | 13,000 | 113,000 | 277,000 | 386,000 |
| Income tax | 14,000 | 37,000 | 86,000 | 121,000 |
| Net income | -1,000 | 76,000 | 191,000 | 265,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,941,000 | 3,018,000 | 3,116,000 | 3,182,000 |
| Total capital | 3,198,000 | 3,285,000 | 3,393,000 | 3,470,000 |
| Risk-weighted assets | 20,431,000 | 21,266,000 | 22,101,000 | 22,974,000 |