Call reports 2008
ORRSTOWN BANK — 2008
What ORRSTOWN 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 | 915,013,000 | 937,087,000 | 1,005,977,000 | 1,049,561,000 |
| Total loans | 721,234,000 | 752,697,000 | 784,073,000 | 820,468,000 |
| Allowance for loan losses | 6,187,000 | 6,429,000 | 6,588,000 | 7,140,000 |
| Securities available for sale | 75,139,000 | 80,439,000 | 120,251,000 | 119,306,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 667,293,000 | 677,541,000 | 709,485,000 | 757,472,000 |
| Interest-bearing deposits | 632,032,000 | 646,321,000 | 679,753,000 | 732,438,000 |
| Noninterest-bearing deposits | 35,261,000 | 31,220,000 | 29,732,000 | 25,034,000 |
| Equity capital | 95,393,000 | 96,884,000 | 98,224,000 | 101,653,000 |
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 | 13,361,000 | 26,029,000 | 39,108,000 | 52,233,000 |
| Interest expense | 5,464,000 | 9,985,000 | 14,674,000 | 19,399,000 |
| Net interest income | 7,897,000 | 16,044,000 | 24,434,000 | 32,834,000 |
| Noninterest income | 3,476,000 | 7,520,000 | 11,257,000 | 15,087,000 |
| Noninterest expense | 6,505,000 | 13,168,000 | 20,206,000 | 27,344,000 |
| Provision for loan losses | 158,000 | 415,000 | 673,000 | 1,450,000 |
| Pretax income | 4,710,000 | 9,981,000 | 14,812,000 | 19,127,000 |
| Income tax | 1,440,000 | 3,043,000 | 4,551,000 | 5,655,000 |
| Net income | 3,270,000 | 6,938,000 | 10,261,000 | 13,472,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 72,096,000 | 74,184,000 | 75,874,000 | 77,497,000 |
| Total capital | 78,283,000 | 80,613,000 | 82,462,000 | 84,637,000 |
| Risk-weighted assets | 694,851,000 | 727,114,000 | 763,946,000 | 786,190,000 |