Call reports 2008
PINELAND BANK — 2008
What PINELAND 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 | 85,327,000 | 87,901,000 | 87,824,000 | 88,594,000 |
| Total loans | 57,586,000 | 64,566,000 | 63,739,000 | 64,776,000 |
| Allowance for loan losses | 958,000 | 953,000 | 938,000 | 1,166,000 |
| Securities available for sale | 6,513,000 | 7,361,000 | 6,106,000 | 4,980,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,516,000 | 77,079,000 | 71,209,000 | 72,469,000 |
| Interest-bearing deposits | 63,229,000 | 63,401,000 | 58,594,000 | 62,617,000 |
| Noninterest-bearing deposits | 11,287,000 | 13,678,000 | 12,615,000 | 9,852,000 |
| Equity capital | 10,020,000 | 10,167,000 | 9,959,000 | 9,593,000 |
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 | 1,439,000 | 2,765,000 | 4,092,000 | 5,281,000 |
| Interest expense | 581,000 | 1,098,000 | 1,566,000 | 2,026,000 |
| Net interest income | 858,000 | 1,667,000 | 2,526,000 | 3,255,000 |
| Noninterest income | 184,000 | 387,000 | 597,000 | 785,000 |
| Noninterest expense | 724,000 | 1,424,000 | 2,205,000 | 2,919,000 |
| Provision for loan losses | 0 | 0 | 10,000 | 274,000 |
| Pretax income | 318,000 | 630,000 | 908,000 | 849,000 |
| Income tax | 108,000 | 218,000 | 317,000 | 255,000 |
| Net income | 210,000 | 412,000 | 591,000 | 594,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,952,000 | 10,154,000 | 9,933,000 | 9,561,000 |
| Total capital | 10,775,000 | 11,079,000 | 10,858,000 | 10,494,000 |
| Risk-weighted assets | 65,682,000 | 74,011,000 | 73,970,000 | 74,384,000 |