Call reports 2008
FIRSTBANK OF LONGMONT — 2008
What FIRSTBANK OF LONGMONT 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 | 394,473,000 | 401,952,000 | 416,774,000 | 417,101,000 |
| Total loans | 117,028,000 | 118,205,000 | 120,280,000 | 131,074,000 |
| Allowance for loan losses | 1,223,000 | 1,254,000 | 1,379,000 | 1,577,000 |
| Securities available for sale | 125,798,000 | 119,707,000 | 113,226,000 | 102,694,000 |
| Securities held to maturity | 130,043,000 | 131,111,000 | 129,845,000 | 129,313,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 328,969,000 | 330,050,000 | 343,703,000 | 344,879,000 |
| Interest-bearing deposits | 281,142,000 | 281,583,000 | 294,367,000 | 298,935,000 |
| Noninterest-bearing deposits | 47,827,000 | 48,468,000 | 49,336,000 | 45,944,000 |
| Equity capital | 24,441,000 | 24,582,000 | 25,166,000 | 25,103,000 |
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 | 5,603,000 | 11,129,000 | 16,677,000 | 22,203,000 |
| Interest expense | 2,427,000 | 4,228,000 | 5,999,000 | 7,643,000 |
| Net interest income | 3,176,000 | 6,901,000 | 10,678,000 | 14,560,000 |
| Noninterest income | 1,062,000 | 2,227,000 | 3,416,000 | 4,475,000 |
| Noninterest expense | 2,553,000 | 5,172,000 | 7,489,000 | 9,800,000 |
| Provision for loan losses | 118,000 | 169,000 | 324,000 | 551,000 |
| Pretax income | 1,567,000 | 3,787,000 | 5,308,000 | 6,738,000 |
| Income tax | 420,000 | 1,080,000 | 1,473,000 | 1,832,000 |
| Net income | 1,147,000 | 2,707,000 | 3,835,000 | 4,906,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,518,000 | 23,495,000 | 23,437,000 | 24,520,000 |
| Total capital | 23,777,000 | 24,785,000 | 24,852,000 | 26,134,000 |
| Risk-weighted assets | 162,702,000 | 164,125,000 | 169,522,000 | 174,882,000 |