Call reports 2008
STATE BANK OF TOWER — 2008
What STATE BANK OF TOWER 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 | 57,082,000 | 62,281,000 | 63,068,000 | 63,738,000 |
| Total loans | 43,782,000 | 44,567,000 | 45,320,000 | 45,443,000 |
| Allowance for loan losses | 328,000 | 332,000 | 356,000 | 429,000 |
| Securities available for sale | 3,505,000 | 2,001,000 | 8,981,000 | 9,680,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,472,000 | 53,256,000 | 53,889,000 | 52,827,000 |
| Interest-bearing deposits | 43,572,000 | 44,116,000 | 43,341,000 | 43,747,000 |
| Noninterest-bearing deposits | 8,900,000 | 9,140,000 | 10,548,000 | 9,080,000 |
| Equity capital | 4,390,000 | 8,829,000 | 8,981,000 | 9,070,000 |
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 | 889,000 | 315,000 | 1,056,000 | 1,810,000 |
| Interest expense | 347,000 | 113,000 | 370,000 | 602,000 |
| Net interest income | 542,000 | 202,000 | 686,000 | 1,208,000 |
| Noninterest income | 106,000 | 76,000 | 246,000 | 417,000 |
| Noninterest expense | 536,000 | 172,000 | 610,000 | 1,181,000 |
| Provision for loan losses | 6,000 | 2,000 | 62,000 | 152,000 |
| Pretax income | 106,000 | 104,000 | 260,000 | 292,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 106,000 | 104,000 | 260,000 | 292,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,390,000 | 4,664,000 | 4,539,000 | 4,603,000 |
| Total capital | 4,718,000 | 4,996,000 | 4,895,000 | 5,032,000 |
| Risk-weighted assets | 42,929,000 | 44,099,000 | 44,075,000 | 43,681,000 |