Call reports 2008
VIKING STATE BANK & TRUST — 2008
What VIKING STATE BANK & TRUST 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 | 93,066,000 | 92,130,000 | 90,709,000 | 93,228,000 |
| Total loans | 80,542,000 | 78,964,000 | 80,225,000 | 80,178,000 |
| Allowance for loan losses | 835,000 | 894,000 | 931,000 | 948,000 |
| Securities available for sale | 3,915,000 | 3,961,000 | 4,149,000 | 4,619,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,931,000 | 77,015,000 | 76,283,000 | 78,828,000 |
| Interest-bearing deposits | 70,336,000 | 67,410,000 | 67,808,000 | 67,371,000 |
| Noninterest-bearing deposits | 7,595,000 | 9,605,000 | 8,475,000 | 11,457,000 |
| Equity capital | 8,177,000 | 8,225,000 | 8,544,000 | 8,646,000 |
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 | 1,532,000 | 3,013,000 | 4,490,000 | 5,935,000 |
| Interest expense | 730,000 | 1,383,000 | 1,985,000 | 2,549,000 |
| Net interest income | 802,000 | 1,630,000 | 2,505,000 | 3,386,000 |
| Noninterest income | 97,000 | 185,000 | 280,000 | 359,000 |
| Noninterest expense | 397,000 | 851,000 | 1,283,000 | 1,774,000 |
| Provision for loan losses | 30,000 | 68,000 | 105,000 | 142,000 |
| Pretax income | 472,000 | 896,000 | 1,397,000 | 1,829,000 |
| Income tax | 24,000 | 44,000 | 70,000 | 86,000 |
| Net income | 448,000 | 852,000 | 1,327,000 | 1,743,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,015,000 | 8,147,000 | 8,459,000 | 8,475,000 |
| Total capital | 8,850,000 | 9,041,000 | 9,390,000 | 9,423,000 |
| Risk-weighted assets | 80,952,000 | 79,535,000 | 79,988,000 | 80,363,000 |