Call reports 2008
PEOPLES STATE BANK, FAIRMOUNT, NORTH DAKOTA — 2008
What PEOPLES STATE BANK, FAIRMOUNT, NORTH DAKOTA 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 | 16,670,000 | 17,167,000 | 18,723,000 | 18,197,000 |
| Total loans | 9,684,000 | 10,221,000 | 10,881,000 | 10,775,000 |
| Allowance for loan losses | 143,000 | 150,000 | 145,000 | 178,000 |
| Securities available for sale | 2,729,000 | 2,640,000 | 3,089,000 | 3,925,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 15,111,000 | 15,670,000 | 17,154,000 | 16,625,000 |
| Interest-bearing deposits | 11,803,000 | 11,318,000 | 12,012,000 | 11,490,000 |
| Noninterest-bearing deposits | 3,308,000 | 4,352,000 | 5,142,000 | 5,135,000 |
| Equity capital | 1,378,000 | 1,362,000 | 1,415,000 | 1,430,000 |
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 | 247,000 | 476,000 | 710,000 | 942,000 |
| Interest expense | 78,000 | 146,000 | 209,000 | 265,000 |
| Net interest income | 169,000 | 330,000 | 501,000 | 677,000 |
| Noninterest income | 19,000 | 36,000 | 58,000 | 64,000 |
| Noninterest expense | 143,000 | 283,000 | 421,000 | 620,000 |
| Provision for loan losses | 2,000 | 9,000 | 14,000 | 64,000 |
| Pretax income | 43,000 | 90,000 | 140,000 | 73,000 |
| Income tax | 11,000 | 24,000 | 37,000 | 11,000 |
| Net income | 32,000 | 66,000 | 103,000 | 62,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,346,000 | 1,381,000 | 1,418,000 | 1,377,000 |
| Total capital | 1,482,000 | 1,502,000 | 1,546,000 | 1,502,000 |
| Risk-weighted assets | 10,861,000 | 9,633,000 | 10,230,000 | 9,915,000 |