Call reports 2008
BURLING BANK — 2008
What BURLING 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 | 117,323,000 | 97,986,000 | 97,824,000 | 115,489,000 |
| Total loans | 45,678,000 | 46,010,000 | 42,885,000 | 40,865,000 |
| Allowance for loan losses | 365,000 | 369,000 | 369,000 | 379,000 |
| Securities available for sale | 21,125,000 | 41,966,000 | 43,934,000 | 67,657,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 106,482,000 | 87,318,000 | 87,045,000 | 104,041,000 |
| Interest-bearing deposits | 86,423,000 | 68,913,000 | 70,996,000 | 78,418,000 |
| Noninterest-bearing deposits | 20,059,000 | 18,405,000 | 16,049,000 | 25,623,000 |
| Equity capital | 9,744,000 | 9,677,000 | 9,762,000 | 10,382,000 |
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 | 1,274,000 | 2,341,000 | 3,318,000 | 4,251,000 |
| Interest expense | 432,000 | 723,000 | 941,000 | 1,121,000 |
| Net interest income | 842,000 | 1,618,000 | 2,377,000 | 3,130,000 |
| Noninterest income | 77,000 | 171,000 | 248,000 | 339,000 |
| Noninterest expense | 679,000 | 1,368,000 | 2,069,000 | 2,716,000 |
| Provision for loan losses | 0 | 6,000 | 6,000 | 6,000 |
| Pretax income | 241,000 | 416,000 | 551,000 | 749,000 |
| Income tax | 83,000 | 145,000 | 191,000 | 256,000 |
| Net income | 158,000 | 271,000 | 360,000 | 493,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,650,000 | 9,769,000 | 9,858,000 | 9,985,000 |
| Total capital | 10,096,000 | 10,210,000 | 10,302,000 | 10,431,000 |
| Risk-weighted assets | 54,254,000 | 50,639,000 | 48,659,000 | 55,210,000 |