Call reports 2008
BANK OF ELMWOOD — 2008
What BANK OF ELMWOOD 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 | 362,397,000 | 363,799,000 | 365,250,000 | 342,184,000 |
| Total loans | 309,446,000 | 315,415,000 | 317,613,000 | 307,458,000 |
| Allowance for loan losses | 3,553,000 | 4,447,000 | 6,340,000 | 12,481,000 |
| Securities available for sale | 31,077,000 | 29,021,000 | 30,707,000 | 24,943,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 267,086,000 | 256,979,000 | 260,585,000 | 249,713,000 |
| Interest-bearing deposits | 243,520,000 | 232,050,000 | 230,543,000 | 219,625,000 |
| Noninterest-bearing deposits | 23,566,000 | 24,929,000 | 30,042,000 | 30,089,000 |
| Equity capital | 27,140,000 | 25,143,000 | 22,808,000 | 11,356,000 |
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 | 5,985,000 | 11,432,000 | 16,845,000 | 21,886,000 |
| Interest expense | 2,790,000 | 5,289,000 | 7,756,000 | 10,072,000 |
| Net interest income | 3,195,000 | 6,143,000 | 9,089,000 | 11,814,000 |
| Noninterest income | 383,000 | 835,000 | 1,220,000 | 1,489,000 |
| Noninterest expense | 2,883,000 | 5,822,000 | 8,825,000 | 12,621,000 |
| Provision for loan losses | 143,000 | 1,193,000 | 4,304,000 | 15,498,000 |
| Pretax income | 652,000 | 163,000 | -2,620,000 | -14,595,000 |
| Income tax | 5,000 | 10,000 | 15,000 | 20,000 |
| Net income | 647,000 | 153,000 | -2,635,000 | -14,615,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,762,000 | 25,865,000 | 23,080,000 | 11,075,000 |
| Total capital | 29,945,000 | 29,170,000 | 26,505,000 | 14,420,000 |
| Risk-weighted assets | 254,241,000 | 263,229,000 | 271,134,000 | 257,971,000 |