Call reports 2008
ERIE STATE BANK — 2008
What ERIE STATE 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 | 20,387,000 | 20,074,000 | 19,722,000 | 19,480,000 |
| Total loans | 11,368,000 | 10,562,000 | 10,574,000 | 10,175,000 |
| Allowance for loan losses | 163,000 | 163,000 | 163,000 | 163,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 2,552,000 | 2,556,000 | 2,559,000 | 2,518,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 16,908,000 | 16,659,000 | 16,316,000 | 16,073,000 |
| Interest-bearing deposits | 15,260,000 | 15,117,000 | 14,629,000 | 14,560,000 |
| Noninterest-bearing deposits | 1,648,000 | 1,542,000 | 1,687,000 | 1,513,000 |
| Equity capital | 2,421,000 | 2,356,000 | 2,347,000 | 2,344,000 |
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 | 260,000 | 494,000 | 709,000 | 920,000 |
| Interest expense | 136,000 | 263,000 | 377,000 | 490,000 |
| Net interest income | 124,000 | 231,000 | 332,000 | 430,000 |
| Noninterest income | 11,000 | 19,000 | 30,000 | 41,000 |
| Noninterest expense | 110,000 | 218,000 | 339,000 | 451,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 25,000 | 32,000 | 23,000 | 20,000 |
| Income tax | 0 | 2,000 | 2,000 | 2,000 |
| Net income | 25,000 | 30,000 | 21,000 | 18,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,421,000 | 2,356,000 | 2,347,000 | 2,344,000 |
| Total capital | 2,556,000 | 2,482,000 | 2,478,000 | 2,470,000 |
| Risk-weighted assets | 10,691,000 | 10,027,000 | 10,432,000 | 10,008,000 |