Call reports 2008
MORGANTOWN BANK & TRUST COMPANY, INCORPORATED — 2008
What MORGANTOWN BANK & TRUST COMPANY, INCORPORATED 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 | 138,649,000 | 134,617,000 | 130,436,000 | 131,879,000 |
| Total loans | 90,078,000 | 92,375,000 | 91,726,000 | 91,951,000 |
| Allowance for loan losses | 939,000 | 976,000 | 1,579,000 | 1,392,000 |
| Securities available for sale | 17,906,000 | 18,156,000 | 16,652,000 | 13,440,000 |
| Securities held to maturity | 14,313,000 | 16,570,000 | 16,181,000 | 16,097,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 114,796,000 | 113,000,000 | 109,481,000 | 107,208,000 |
| Interest-bearing deposits | 90,906,000 | 92,966,000 | 90,442,000 | 88,839,000 |
| Noninterest-bearing deposits | 23,890,000 | 20,034,000 | 19,039,000 | 18,369,000 |
| Equity capital | 13,702,000 | 13,783,000 | 13,164,000 | 13,295,000 |
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 | 2,145,000 | 4,224,000 | 6,159,000 | 8,109,000 |
| Interest expense | 922,000 | 1,745,000 | 2,496,000 | 3,178,000 |
| Net interest income | 1,223,000 | 2,479,000 | 3,663,000 | 4,931,000 |
| Noninterest income | 232,000 | 461,000 | 685,000 | 932,000 |
| Noninterest expense | 992,000 | 2,031,000 | 3,023,000 | 4,254,000 |
| Provision for loan losses | 45,000 | 100,000 | 750,000 | 900,000 |
| Pretax income | 418,000 | 809,000 | 575,000 | 717,000 |
| Income tax | 92,000 | 177,000 | 47,000 | 45,000 |
| Net income | 326,000 | 632,000 | 528,000 | 672,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,440,000 | 13,688,000 | 13,067,000 | 13,099,000 |
| Total capital | 14,379,000 | 14,664,000 | 14,142,000 | 14,182,000 |
| Risk-weighted assets | 86,100,000 | 87,137,000 | 85,460,000 | 86,351,000 |