Call reports 2008
BANK 1ST — 2008
What BANK 1ST 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 | 86,902,000 | 85,085,000 | 90,560,000 | 90,405,000 |
| Total loans | 60,782,000 | 61,233,000 | 65,737,000 | 66,339,000 |
| Allowance for loan losses | 600,000 | 624,000 | 659,000 | 710,000 |
| Securities available for sale | 11,263,000 | 10,418,000 | 9,411,000 | 9,285,000 |
| Securities held to maturity | 10,413,000 | 9,828,000 | 10,178,000 | 10,158,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,094,000 | 74,282,000 | 77,387,000 | 79,239,000 |
| Interest-bearing deposits | 64,438,000 | 63,658,000 | 67,578,000 | 65,973,000 |
| Noninterest-bearing deposits | 10,656,000 | 10,624,000 | 9,809,000 | 13,266,000 |
| Equity capital | 8,073,000 | 7,901,000 | 8,052,000 | 8,313,000 |
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 | 1,275,000 | 2,526,000 | 3,823,000 | 5,127,000 |
| Interest expense | 501,000 | 937,000 | 1,349,000 | 1,732,000 |
| Net interest income | 774,000 | 1,589,000 | 2,474,000 | 3,395,000 |
| Noninterest income | 162,000 | 286,000 | 410,000 | 531,000 |
| Noninterest expense | 640,000 | 1,287,000 | 1,902,000 | 2,613,000 |
| Provision for loan losses | 0 | 26,000 | 61,000 | 111,000 |
| Pretax income | 296,000 | 562,000 | 931,000 | 1,212,000 |
| Income tax | 15,000 | 28,000 | 47,000 | 61,000 |
| Net income | 281,000 | 534,000 | 884,000 | 1,151,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,679,000 | 7,728,000 | 7,879,000 | 7,911,000 |
| Total capital | 8,279,000 | 8,352,000 | 8,538,000 | 8,621,000 |
| Risk-weighted assets | 60,607,000 | 60,262,000 | 64,974,000 | 64,801,000 |