Call reports 2008
GARFIELD COUNTY BANK — 2008
What GARFIELD COUNTY 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 | 34,122,000 | 33,626,000 | 33,074,000 | 35,724,000 |
| Total loans | 26,414,000 | 28,266,000 | 28,166,000 | 26,433,000 |
| Allowance for loan losses | 472,000 | 490,000 | 491,000 | 490,000 |
| Securities available for sale | 3,450,000 | 2,623,000 | 2,438,000 | 3,827,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,024,000 | 28,413,000 | 27,707,000 | 30,167,000 |
| Interest-bearing deposits | 24,363,000 | 24,026,000 | 23,306,000 | 24,977,000 |
| Noninterest-bearing deposits | 4,661,000 | 4,387,000 | 4,401,000 | 5,190,000 |
| Equity capital | 4,435,000 | 4,549,000 | 4,702,000 | 4,864,000 |
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 | 606,000 | 1,188,000 | 1,774,000 | 2,318,000 |
| Interest expense | 202,000 | 387,000 | 566,000 | 737,000 |
| Net interest income | 404,000 | 801,000 | 1,208,000 | 1,581,000 |
| Noninterest income | 48,000 | 93,000 | 146,000 | 200,000 |
| Noninterest expense | 282,000 | 500,000 | 701,000 | 929,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 170,000 | 394,000 | 653,000 | 852,000 |
| Income tax | 55,000 | 148,000 | 255,000 | 301,000 |
| Net income | 115,000 | 246,000 | 398,000 | 551,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,414,000 | 4,545,000 | 4,696,000 | 4,829,000 |
| Total capital | 4,781,000 | 4,929,000 | 5,078,000 | 5,202,000 |
| Risk-weighted assets | 29,245,000 | 30,624,000 | 30,482,000 | 29,689,000 |