Call reports 2008
BANK OF MCCRORY — 2008
What BANK OF MCCRORY 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 | 66,510,000 | 66,156,000 | 67,784,000 | 73,527,000 |
| Total loans | 31,490,000 | 36,810,000 | 42,674,000 | 32,117,000 |
| Allowance for loan losses | 446,000 | 423,000 | 438,000 | 390,000 |
| Securities available for sale | 22,597,000 | 22,908,000 | 19,429,000 | 23,367,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,217,000 | 57,936,000 | 59,233,000 | 65,471,000 |
| Interest-bearing deposits | 44,217,000 | 46,750,000 | 48,041,000 | 52,008,000 |
| Noninterest-bearing deposits | 14,000,000 | 11,186,000 | 11,192,000 | 13,463,000 |
| Equity capital | 7,939,000 | 7,890,000 | 8,125,000 | 7,781,000 |
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 | 1,005,000 | 1,958,000 | 3,072,000 | 4,025,000 |
| Interest expense | 347,000 | 661,000 | 962,000 | 1,234,000 |
| Net interest income | 658,000 | 1,297,000 | 2,110,000 | 2,791,000 |
| Noninterest income | 89,000 | 187,000 | 276,000 | 356,000 |
| Noninterest expense | 528,000 | 1,004,000 | 1,500,000 | 2,051,000 |
| Provision for loan losses | 0 | 0 | 50,000 | 75,000 |
| Pretax income | 219,000 | 480,000 | 836,000 | 1,021,000 |
| Income tax | 40,000 | 106,000 | 211,000 | 284,000 |
| Net income | 179,000 | 374,000 | 625,000 | 737,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,756,000 | 7,952,000 | 8,197,000 | 7,615,000 |
| Total capital | 8,202,000 | 8,375,000 | 8,635,000 | 8,004,000 |
| Risk-weighted assets | 40,063,000 | 45,291,000 | 49,757,000 | 42,638,000 |