Call reports 2008
PINNACLE BANK — 2008
What PINNACLE 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 | 73,104,000 | 68,466,000 | 61,412,000 | 66,026,000 |
| Total loans | 44,865,000 | 45,343,000 | 42,160,000 | 41,349,000 |
| Allowance for loan losses | 412,000 | 391,000 | 348,000 | 316,000 |
| Securities available for sale | 5,986,000 | 6,087,000 | 5,059,000 | 15,065,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,648,000 | 49,890,000 | 43,557,000 | 48,406,000 |
| Interest-bearing deposits | 49,941,000 | 45,705,000 | 38,324,000 | 42,415,000 |
| Noninterest-bearing deposits | 4,707,000 | 4,185,000 | 5,233,000 | 5,991,000 |
| Equity capital | 8,675,000 | 8,659,000 | 8,713,000 | 8,676,000 |
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 | 970,000 | 1,834,000 | 2,636,000 | 3,460,000 |
| Interest expense | 607,000 | 1,147,000 | 1,566,000 | 1,945,000 |
| Net interest income | 363,000 | 687,000 | 1,070,000 | 1,515,000 |
| Noninterest income | 82,000 | 154,000 | 252,000 | 333,000 |
| Noninterest expense | 475,000 | 890,000 | 1,263,000 | 1,833,000 |
| Provision for loan losses | 103,000 | 103,000 | 160,000 | 174,000 |
| Pretax income | -133,000 | -152,000 | -101,000 | -159,000 |
| Income tax | -32,000 | -32,000 | -32,000 | -32,000 |
| Net income | -101,000 | -120,000 | -69,000 | -127,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,682,000 | 8,663,000 | 8,715,000 | 8,656,000 |
| Total capital | 9,094,000 | 9,054,000 | 9,063,000 | 8,972,000 |
| Risk-weighted assets | 46,588,000 | 46,376,000 | 42,903,000 | 43,136,000 |