Call reports 2008
FRANKLIN GROVE BANK — 2008
What FRANKLIN GROVE 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 | 26,216,000 | 26,868,000 | 27,548,000 | 27,528,000 |
| Total loans | 13,397,000 | 14,244,000 | 14,511,000 | 15,445,000 |
| Allowance for loan losses | 119,000 | 119,000 | 119,000 | 119,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 10,801,000 | 10,501,000 | 10,601,000 | 10,901,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,234,000 | 21,827,000 | 22,511,000 | 22,407,000 |
| Interest-bearing deposits | 18,508,000 | 18,735,000 | 19,462,000 | 19,420,000 |
| Noninterest-bearing deposits | 2,726,000 | 3,092,000 | 3,049,000 | 2,987,000 |
| Equity capital | 4,827,000 | 4,882,000 | 4,852,000 | 4,912,000 |
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 | 372,000 | 729,000 | 1,106,000 | 1,495,000 |
| Interest expense | 154,000 | 300,000 | 445,000 | 585,000 |
| Net interest income | 218,000 | 429,000 | 661,000 | 910,000 |
| Noninterest income | 13,000 | 29,000 | 50,000 | 66,000 |
| Noninterest expense | 165,000 | 311,000 | 449,000 | 616,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 66,000 | 147,000 | 262,000 | 360,000 |
| Income tax | 11,000 | 37,000 | 78,000 | 116,000 |
| Net income | 55,000 | 110,000 | 184,000 | 244,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,827,000 | 4,882,000 | 4,852,000 | 4,912,000 |
| Total capital | 4,946,000 | 5,001,000 | 4,971,000 | 5,031,000 |
| Risk-weighted assets | 13,314,000 | 14,301,000 | 14,811,000 | 15,792,000 |