Call reports 2008
GLASGOW SAVINGS BANK — 2008
What GLASGOW SAVINGS 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 | 36,598,000 | 38,048,000 | 35,638,000 | 35,487,000 |
| Total loans | 26,375,000 | 27,664,000 | 28,896,000 | 31,220,000 |
| Allowance for loan losses | 147,000 | 128,000 | 210,000 | 268,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,579,000 | 30,553,000 | 30,701,000 | 29,391,000 |
| Interest-bearing deposits | 28,085,000 | 27,262,000 | 27,212,000 | 25,754,000 |
| Noninterest-bearing deposits | 3,494,000 | 3,291,000 | 3,489,000 | 3,637,000 |
| Equity capital | 4,531,000 | 4,596,000 | 4,525,000 | 4,579,000 |
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 | 548,000 | 1,071,000 | 1,618,000 | 2,107,000 |
| Interest expense | 211,000 | 408,000 | 582,000 | 716,000 |
| Net interest income | 337,000 | 663,000 | 1,036,000 | 1,391,000 |
| Noninterest income | 22,000 | 44,000 | 68,000 | 104,000 |
| Noninterest expense | 228,000 | 453,000 | 689,000 | 935,000 |
| Provision for loan losses | 0 | 20,000 | 128,000 | 187,000 |
| Pretax income | 131,000 | 234,000 | 287,000 | 373,000 |
| Income tax | 44,000 | 82,000 | 105,000 | 138,000 |
| Net income | 87,000 | 152,000 | 182,000 | 235,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,733,000 | 2,813,000 | 2,757,000 | 2,826,000 |
| Total capital | 2,880,000 | 2,941,000 | 2,967,000 | 3,094,000 |
| Risk-weighted assets | 26,763,000 | 26,744,000 | 27,574,000 | 28,539,000 |