Call reports 2008
GRAND TIMBER BANK — 2008
What GRAND TIMBER 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 | 51,212,000 | 50,960,000 | 49,229,000 | 50,985,000 |
| Total loans | 38,269,000 | 39,305,000 | 39,298,000 | 39,764,000 |
| Allowance for loan losses | 601,000 | 591,000 | 630,000 | 618,000 |
| Securities available for sale | 6,339,000 | 6,270,000 | 5,632,000 | 5,697,000 |
| Securities held to maturity | 64,000 | 63,000 | 62,000 | 60,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,631,000 | 41,525,000 | 38,043,000 | 39,364,000 |
| Interest-bearing deposits | 34,340,000 | 34,912,000 | 31,595,000 | 32,585,000 |
| Noninterest-bearing deposits | 6,291,000 | 6,613,000 | 6,448,000 | 6,779,000 |
| Equity capital | 4,701,000 | 4,761,000 | 4,694,000 | 5,000,000 |
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 | 1,030,000 | 2,004,000 | 2,907,000 | 3,776,000 |
| Interest expense | 381,000 | 724,000 | 1,015,000 | 1,299,000 |
| Net interest income | 649,000 | 1,280,000 | 1,892,000 | 2,477,000 |
| Noninterest income | 92,000 | 175,000 | 260,000 | 354,000 |
| Noninterest expense | 338,000 | 678,000 | 1,034,000 | 1,370,000 |
| Provision for loan losses | 60,000 | 110,000 | 360,000 | 465,000 |
| Pretax income | 343,000 | 667,000 | 758,000 | 996,000 |
| Income tax | 0 | 0 | 1,000 | 1,000 |
| Net income | 343,000 | 667,000 | 757,000 | 995,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,651,000 | 4,802,000 | 4,720,000 | 4,958,000 |
| Total capital | 5,136,000 | 5,293,000 | 5,200,000 | 5,447,000 |
| Risk-weighted assets | 38,722,000 | 39,201,000 | 38,263,000 | 39,021,000 |