Call reports 2008
MORRIS BANK — 2008
What MORRIS 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 | 208,656,000 | 229,122,000 | 236,682,000 | 241,834,000 |
| Total loans | 162,106,000 | 173,272,000 | 179,057,000 | 186,452,000 |
| Allowance for loan losses | 2,531,000 | 2,834,000 | 2,330,000 | 2,529,000 |
| Securities available for sale | 30,754,000 | 30,760,000 | 30,136,000 | 34,065,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 167,469,000 | 181,091,000 | 191,218,000 | 195,691,000 |
| Interest-bearing deposits | 145,264,000 | 155,640,000 | 170,095,000 | 174,906,000 |
| Noninterest-bearing deposits | 22,205,000 | 25,451,000 | 21,123,000 | 20,785,000 |
| Equity capital | 16,437,000 | 16,375,000 | 18,282,000 | 19,821,000 |
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 | 3,421,000 | 6,682,000 | 10,205,000 | 13,670,000 |
| Interest expense | 1,452,000 | 2,731,000 | 3,974,000 | 5,297,000 |
| Net interest income | 1,969,000 | 3,951,000 | 6,231,000 | 8,373,000 |
| Noninterest income | 212,000 | 440,000 | 618,000 | 919,000 |
| Noninterest expense | 1,145,000 | 2,358,000 | 3,521,000 | 4,773,000 |
| Provision for loan losses | 235,000 | 510,000 | 1,085,000 | 1,835,000 |
| Pretax income | 800,000 | 1,529,000 | 2,299,000 | 2,740,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 800,000 | 1,529,000 | 2,299,000 | 2,740,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,279,000 | 16,958,000 | 18,981,000 | 19,421,000 |
| Total capital | 18,196,000 | 19,046,000 | 21,114,000 | 21,660,000 |
| Risk-weighted assets | 152,763,000 | 166,302,000 | 170,421,000 | 178,826,000 |