Call reports 2008
BANK OF BOTETOURT — 2008
What BANK OF BOTETOURT 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 | 288,437,000 | 287,061,000 | 289,205,000 | 294,986,000 |
| Total loans | 243,741,000 | 243,788,000 | 250,885,000 | 256,721,000 |
| Allowance for loan losses | 2,324,000 | 2,396,000 | 2,593,000 | 3,781,000 |
| Securities available for sale | 17,381,000 | 19,450,000 | 17,631,000 | 16,618,000 |
| Securities held to maturity | 0 | 0 | 0 | 1,350,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 260,040,000 | 259,141,000 | 259,920,000 | 265,172,000 |
| Interest-bearing deposits | 228,382,000 | 224,141,000 | 223,896,000 | 230,727,000 |
| Noninterest-bearing deposits | 31,658,000 | 34,999,000 | 36,024,000 | 34,445,000 |
| Equity capital | 25,593,000 | 25,632,000 | 25,681,000 | 25,556,000 |
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 | 4,635,000 | 9,079,000 | 13,476,000 | 17,877,000 |
| Interest expense | 2,071,000 | 4,051,000 | 5,877,000 | 7,623,000 |
| Net interest income | 2,564,000 | 5,028,000 | 7,599,000 | 10,254,000 |
| Noninterest income | 363,000 | 708,000 | 1,073,000 | 1,230,000 |
| Noninterest expense | 1,923,000 | 3,806,000 | 5,788,000 | 7,986,000 |
| Provision for loan losses | 45,000 | 145,000 | 455,000 | 1,885,000 |
| Pretax income | 959,000 | 1,785,000 | 2,435,000 | 1,619,000 |
| Income tax | 295,000 | 546,000 | 744,000 | 419,000 |
| Net income | 664,000 | 1,239,000 | 1,691,000 | 1,200,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,768,000 | 26,082,000 | 26,272,000 | 26,896,000 |
| Total capital | 28,092,000 | 28,478,000 | 28,865,000 | 30,114,000 |
| Risk-weighted assets | 245,340,000 | 244,857,000 | 249,317,000 | 256,870,000 |