Call reports 2008
PILOT BANK — 2008
What PILOT 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 | 242,278,000 | 243,883,000 | 242,045,000 | 252,466,000 |
| Total loans | 178,242,000 | 177,708,000 | 181,933,000 | 192,779,000 |
| Allowance for loan losses | 1,998,000 | 2,255,000 | 2,266,000 | 2,860,000 |
| Securities available for sale | 29,170,000 | 28,478,000 | 27,913,000 | 27,430,000 |
| Securities held to maturity | 3,432,000 | 3,410,000 | 3,381,000 | 3,356,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 197,715,000 | 202,098,000 | 197,953,000 | 211,386,000 |
| Interest-bearing deposits | 175,230,000 | 180,584,000 | 178,503,000 | 191,438,000 |
| Noninterest-bearing deposits | 22,485,000 | 21,514,000 | 19,450,000 | 19,948,000 |
| Equity capital | 23,430,000 | 22,191,000 | 21,000,000 | 21,175,000 |
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 | 3,439,000 | 6,955,000 | 10,371,000 | 13,848,000 |
| Interest expense | 1,880,000 | 3,550,000 | 5,185,000 | 6,826,000 |
| Net interest income | 1,559,000 | 3,405,000 | 5,186,000 | 7,022,000 |
| Noninterest income | 264,000 | 571,000 | 1,080,000 | 1,348,000 |
| Noninterest expense | 1,840,000 | 3,856,000 | 5,861,000 | 8,015,000 |
| Provision for loan losses | 105,000 | 1,485,000 | 2,440,000 | 3,045,000 |
| Pretax income | -122,000 | -1,324,000 | -3,137,000 | -3,990,000 |
| Income tax | -91,000 | -609,000 | -1,323,000 | -1,686,000 |
| Net income | -31,000 | -715,000 | -1,814,000 | -2,304,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,812,000 | 22,035,000 | 20,929,000 | 20,789,000 |
| Total capital | 24,810,000 | 24,290,000 | 23,195,000 | 23,525,000 |
| Risk-weighted assets | 212,659,000 | 213,444,000 | 208,332,000 | 218,670,000 |