Call reports 2008
INDEPENDENT NATIONAL BANK — 2008
What INDEPENDENT NATIONAL 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 | 218,448,000 | 214,211,000 | 210,733,000 | 208,577,000 |
| Total loans | 153,320,000 | 152,379,000 | 151,264,000 | 150,365,000 |
| Allowance for loan losses | 1,755,000 | 1,938,000 | 1,926,000 | 1,915,000 |
| Securities available for sale | 39,251,000 | 39,736,000 | 36,654,000 | 35,374,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 187,994,000 | 184,006,000 | 181,010,000 | 180,303,000 |
| Interest-bearing deposits | 167,929,000 | 166,087,000 | 164,484,000 | 162,607,000 |
| Noninterest-bearing deposits | 20,065,000 | 17,919,000 | 16,526,000 | 17,696,000 |
| Equity capital | 17,088,000 | 16,868,000 | 16,385,000 | 16,490,000 |
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 | 3,151,000 | 6,192,000 | 9,181,000 | 12,054,000 |
| Interest expense | 1,605,000 | 3,048,000 | 4,384,000 | 5,748,000 |
| Net interest income | 1,546,000 | 3,144,000 | 4,797,000 | 6,306,000 |
| Noninterest income | 270,000 | 518,000 | 756,000 | 821,000 |
| Noninterest expense | 1,773,000 | 3,461,000 | 5,391,000 | 7,173,000 |
| Provision for loan losses | 322,000 | 560,000 | 925,000 | 1,306,000 |
| Pretax income | -279,000 | -359,000 | -763,000 | -1,343,000 |
| Income tax | -151,000 | -225,000 | -349,000 | -693,000 |
| Net income | -128,000 | -134,000 | -414,000 | -650,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,099,000 | 17,093,000 | 16,814,000 | 16,577,000 |
| Total capital | 18,854,000 | 18,690,000 | 18,641,000 | 18,434,000 |
| Risk-weighted assets | 168,536,000 | 168,365,000 | 150,157,000 | 148,526,000 |