Call reports 2008
UNION STATE BANK OF FARGO — 2008
What UNION STATE BANK OF FARGO 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 | 47,911,000 | 47,340,000 | 47,942,000 | 49,188,000 |
| Total loans | 37,378,000 | 38,558,000 | 39,878,000 | 42,619,000 |
| Allowance for loan losses | 184,000 | 213,000 | 208,000 | 218,000 |
| Securities available for sale | 59,000 | 57,000 | 56,000 | 5,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,674,000 | 40,296,000 | 40,790,000 | 42,097,000 |
| Interest-bearing deposits | 32,074,000 | 31,680,000 | 31,597,000 | 32,378,000 |
| Noninterest-bearing deposits | 8,601,000 | 8,616,000 | 9,193,000 | 9,720,000 |
| Equity capital | 3,991,000 | 4,065,000 | 4,155,000 | 4,110,000 |
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 | 775,000 | 1,525,000 | 2,262,000 | 3,003,000 |
| Interest expense | 283,000 | 524,000 | 743,000 | 959,000 |
| Net interest income | 492,000 | 1,001,000 | 1,519,000 | 2,044,000 |
| Noninterest income | 125,000 | 266,000 | 423,000 | 571,000 |
| Noninterest expense | 531,000 | 1,039,000 | 1,556,000 | 2,166,000 |
| Provision for loan losses | 0 | 22,000 | 34,000 | 52,000 |
| Pretax income | 86,000 | 206,000 | 352,000 | 397,000 |
| Income tax | 30,000 | 76,000 | 130,000 | 125,000 |
| Net income | 56,000 | 130,000 | 222,000 | 272,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,990,000 | 4,064,000 | 4,155,000 | 4,110,000 |
| Total capital | 4,174,000 | 4,277,000 | 4,363,000 | 4,328,000 |
| Risk-weighted assets | 37,935,000 | 38,605,000 | 38,582,000 | 40,042,000 |