Call reports 2008
SAVERS CO-OPERATIVE BANK — 2008
What SAVERS CO-OPERATIVE 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 | 350,968,000 | 366,019,000 | 366,597,000 | 366,508,000 |
| Total loans | 262,109,000 | 275,946,000 | 286,606,000 | 287,468,000 |
| Allowance for loan losses | 1,495,000 | 1,581,000 | 1,685,000 | 1,914,000 |
| Securities available for sale | 6,892,000 | 13,892,000 | 7,317,000 | 6,938,000 |
| Securities held to maturity | 34,813,000 | 35,058,000 | 34,705,000 | 34,245,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 255,607,000 | 270,874,000 | 266,746,000 | 266,730,000 |
| Interest-bearing deposits | 231,601,000 | 246,352,000 | 241,091,000 | 244,515,000 |
| Noninterest-bearing deposits | 24,006,000 | 24,522,000 | 25,655,000 | 22,215,000 |
| Equity capital | 37,001,000 | 37,314,000 | 37,448,000 | 37,861,000 |
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 | 4,452,000 | 8,994,000 | 13,674,000 | 18,347,000 |
| Interest expense | 2,166,000 | 4,324,000 | 6,386,000 | 8,389,000 |
| Net interest income | 2,286,000 | 4,670,000 | 7,288,000 | 9,958,000 |
| Noninterest income | 549,000 | 1,130,000 | 1,753,000 | 2,376,000 |
| Noninterest expense | 2,421,000 | 4,777,000 | 7,107,000 | 9,413,000 |
| Provision for loan losses | 110,000 | 230,000 | 330,000 | 635,000 |
| Pretax income | 376,000 | 873,000 | 811,000 | 1,484,000 |
| Income tax | 66,000 | 107,000 | -120,000 | 89,000 |
| Net income | 310,000 | 766,000 | 931,000 | 1,395,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,662,000 | 37,118,000 | 37,282,000 | 37,747,000 |
| Total capital | 38,366,000 | 38,837,000 | 39,066,000 | 39,714,000 |
| Risk-weighted assets | 225,208,000 | 237,304,000 | 237,617,000 | 235,945,000 |