Call reports 2008
PIONEER BANK — 2008
What PIONEER 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 | 110,077,000 | 109,653,000 | 112,229,000 | 113,360,000 |
| Total loans | 70,957,000 | 74,512,000 | 78,121,000 | 80,608,000 |
| Allowance for loan losses | 454,000 | 482,000 | 529,000 | 600,000 |
| Securities available for sale | 24,569,000 | 25,095,000 | 24,266,000 | 23,579,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,776,000 | 85,655,000 | 85,601,000 | 88,595,000 |
| Interest-bearing deposits | 66,646,000 | 67,548,000 | 66,676,000 | 69,318,000 |
| Noninterest-bearing deposits | 18,130,000 | 18,107,000 | 18,925,000 | 19,278,000 |
| Equity capital | 10,583,000 | 10,297,000 | 10,342,000 | 10,585,000 |
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 | 1,617,000 | 3,224,000 | 4,843,000 | 6,515,000 |
| Interest expense | 735,000 | 1,410,000 | 2,051,000 | 2,666,000 |
| Net interest income | 882,000 | 1,814,000 | 2,792,000 | 3,849,000 |
| Noninterest income | 285,000 | 552,000 | 810,000 | 1,035,000 |
| Noninterest expense | 884,000 | 1,766,000 | 2,657,000 | 3,563,000 |
| Provision for loan losses | 20,000 | 70,000 | 120,000 | 195,000 |
| Pretax income | 263,000 | 530,000 | 825,000 | 1,126,000 |
| Income tax | 12,000 | 25,000 | 39,000 | 59,000 |
| Net income | 251,000 | 505,000 | 786,000 | 1,067,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,348,000 | 10,504,000 | 10,634,000 | 10,715,000 |
| Total capital | 10,802,000 | 10,986,000 | 11,163,000 | 11,315,000 |
| Risk-weighted assets | 80,127,000 | 82,582,000 | 87,038,000 | 88,755,000 |