Call reports 2008
MARS BANK — 2008
What MARS 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 | 290,534,000 | 284,172,000 | 284,998,000 | 290,564,000 |
| Total loans | 148,082,000 | 144,506,000 | 145,748,000 | 147,615,000 |
| Allowance for loan losses | 1,220,000 | 1,260,000 | 1,348,000 | 1,419,000 |
| Securities available for sale | 113,196,000 | 114,838,000 | 110,858,000 | 116,351,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 253,591,000 | 248,596,000 | 248,012,000 | 252,000,000 |
| Interest-bearing deposits | 197,351,000 | 190,143,000 | 190,539,000 | 198,264,000 |
| Noninterest-bearing deposits | 56,240,000 | 58,453,000 | 57,473,000 | 53,736,000 |
| Equity capital | 34,580,000 | 33,040,000 | 34,467,000 | 35,077,000 |
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 | 3,807,000 | 7,506,000 | 11,219,000 | 14,819,000 |
| Interest expense | 1,264,000 | 2,327,000 | 3,186,000 | 4,033,000 |
| Net interest income | 2,543,000 | 5,179,000 | 8,033,000 | 10,786,000 |
| Noninterest income | 446,000 | 956,000 | 1,389,000 | 1,863,000 |
| Noninterest expense | 2,068,000 | 4,198,000 | 6,322,000 | 8,625,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 861,000 | 1,821,000 | 2,925,000 | 3,784,000 |
| Income tax | 236,000 | 514,000 | 832,000 | 1,052,000 |
| Net income | 625,000 | 1,307,000 | 2,093,000 | 2,732,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,932,000 | 32,846,000 | 33,632,000 | 33,342,000 |
| Total capital | 34,683,000 | 34,606,000 | 35,475,000 | 35,245,000 |
| Risk-weighted assets | 178,252,000 | 185,108,000 | 187,473,000 | 190,503,000 |