Call reports 2008
FIRST NATIONAL BANK OF THE LAKES — 2008
What FIRST NATIONAL BANK OF THE LAKES 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 | 60,916,000 | 59,171,000 | 62,203,000 | 60,145,000 |
| Total loans | 29,726,000 | 30,768,000 | 30,811,000 | 30,719,000 |
| Allowance for loan losses | 315,000 | 316,000 | 321,000 | 322,000 |
| Securities available for sale | 12,425,000 | 6,092,000 | 6,048,000 | 5,068,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,261,000 | 52,781,000 | 55,963,000 | 53,478,000 |
| Interest-bearing deposits | 27,171,000 | 27,154,000 | 27,833,000 | 28,280,000 |
| Noninterest-bearing deposits | 27,090,000 | 25,627,000 | 28,130,000 | 25,197,000 |
| Equity capital | 5,951,000 | 5,787,000 | 5,769,000 | 5,660,000 |
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 | 762,000 | 1,464,000 | 2,148,000 | 2,752,000 |
| Interest expense | 162,000 | 275,000 | 394,000 | 478,000 |
| Net interest income | 600,000 | 1,189,000 | 1,754,000 | 2,274,000 |
| Noninterest income | 313,000 | 641,000 | 992,000 | 1,308,000 |
| Noninterest expense | 803,000 | 1,534,000 | 2,326,000 | 3,158,000 |
| Provision for loan losses | 5,000 | 39,000 | 67,000 | 171,000 |
| Pretax income | 105,000 | 371,000 | 467,000 | 367,000 |
| Income tax | 1,000 | 1,000 | 2,000 | -3,000 |
| Net income | 104,000 | 370,000 | 465,000 | 370,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,528,000 | 5,720,000 | 5,740,000 | 5,601,000 |
| Total capital | 5,843,000 | 6,036,000 | 6,061,000 | 5,923,000 |
| Risk-weighted assets | 41,070,000 | 41,451,000 | 41,560,000 | 40,797,000 |