Call reports 2008
AVON STATE BANK — 2008
What AVON 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 | 103,460,000 | 101,548,000 | 101,445,000 | 100,234,000 |
| Total loans | 67,073,000 | 66,615,000 | 65,957,000 | 64,820,000 |
| Allowance for loan losses | 1,075,000 | 1,069,000 | 1,216,000 | 1,212,000 |
| Securities available for sale | 21,660,000 | 22,227,000 | 25,000,000 | 19,312,000 |
| Securities held to maturity | 1,097,000 | 597,000 | 1,072,000 | 1,008,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,976,000 | 89,017,000 | 88,502,000 | 87,041,000 |
| Interest-bearing deposits | 80,132,000 | 78,403,000 | 78,464,000 | 77,389,000 |
| Noninterest-bearing deposits | 9,844,000 | 10,614,000 | 10,038,000 | 9,652,000 |
| Equity capital | 12,521,000 | 12,103,000 | 12,537,000 | 12,814,000 |
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 | 1,556,000 | 3,005,000 | 4,436,000 | 5,788,000 |
| Interest expense | 719,000 | 1,346,000 | 1,921,000 | 2,452,000 |
| Net interest income | 837,000 | 1,659,000 | 2,515,000 | 3,336,000 |
| Noninterest income | 57,000 | 114,000 | 181,000 | 193,000 |
| Noninterest expense | 432,000 | 924,000 | 1,337,000 | 1,854,000 |
| Provision for loan losses | 45,000 | 90,000 | 285,000 | 580,000 |
| Pretax income | 417,000 | 759,000 | 1,074,000 | 1,095,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 417,000 | 759,000 | 1,074,000 | 1,095,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,361,000 | 12,376,000 | 12,527,000 | 12,475,000 |
| Total capital | 13,122,000 | 13,129,000 | 13,263,000 | 13,197,000 |
| Risk-weighted assets | 60,580,000 | 59,935,000 | 58,405,000 | 57,242,000 |