Call reports 2008
WESTERN RESERVE BANK — 2008
What WESTERN RESERVE 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 | 162,385,000 | 165,669,000 | 166,429,000 | 178,944,000 |
| Total loans | 131,812,000 | 135,078,000 | 140,842,000 | 143,625,000 |
| Allowance for loan losses | 1,705,000 | 1,420,000 | 1,639,000 | 1,743,000 |
| Securities available for sale | 11,783,000 | 10,986,000 | 10,842,000 | 10,214,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 139,630,000 | 145,254,000 | 142,987,000 | 156,816,000 |
| Interest-bearing deposits | 124,442,000 | 125,752,000 | 127,274,000 | 139,776,000 |
| Noninterest-bearing deposits | 15,188,000 | 19,502,000 | 15,713,000 | 17,040,000 |
| Equity capital | 12,258,000 | 13,425,000 | 13,980,000 | 15,048,000 |
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 | 2,546,000 | 4,949,000 | 7,307,000 | 9,609,000 |
| Interest expense | 1,151,000 | 2,032,000 | 2,900,000 | 3,787,000 |
| Net interest income | 1,395,000 | 2,917,000 | 4,407,000 | 5,822,000 |
| Noninterest income | 79,000 | 185,000 | 287,000 | 330,000 |
| Noninterest expense | 1,212,000 | 2,407,000 | 3,591,000 | 4,842,000 |
| Provision for loan losses | 98,000 | 140,000 | 399,000 | 529,000 |
| Pretax income | 164,000 | 555,000 | 704,000 | 781,000 |
| Income tax | 40,000 | 152,000 | 181,000 | 190,000 |
| Net income | 124,000 | 403,000 | 523,000 | 591,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,106,000 | 13,486,000 | 14,006,000 | 14,874,000 |
| Total capital | 14,411,000 | 14,906,000 | 15,645,000 | 16,617,000 |
| Risk-weighted assets | 141,164,000 | 142,183,000 | 148,180,000 | 150,841,000 |