Call reports 2008
METHOD BANK — 2008
What METHOD 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 | 12,739,000 | 12,718,000 | 12,826,000 | 12,254,000 |
| Total loans | 9,665,000 | 9,156,000 | 9,111,000 | 8,935,000 |
| Allowance for loan losses | 166,000 | 178,000 | 178,000 | 178,000 |
| Securities available for sale | 1,358,000 | 1,328,000 | 1,429,000 | 1,462,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,398,000 | 11,726,000 | 11,787,000 | 11,166,000 |
| Interest-bearing deposits | 8,483,000 | 8,860,000 | 8,805,000 | 8,450,000 |
| Noninterest-bearing deposits | 2,915,000 | 2,866,000 | 2,982,000 | 2,716,000 |
| Equity capital | 955,000 | 964,000 | 995,000 | 928,000 |
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 | 237,000 | 466,000 | 683,000 | 897,000 |
| Interest expense | 56,000 | 113,000 | 168,000 | 215,000 |
| Net interest income | 181,000 | 353,000 | 515,000 | 682,000 |
| Noninterest income | 45,000 | 79,000 | 118,000 | 205,000 |
| Noninterest expense | 153,000 | 304,000 | 494,000 | 691,000 |
| Provision for loan losses | 15,000 | 30,000 | 30,000 | 64,000 |
| Pretax income | 58,000 | 105,000 | 111,000 | 137,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 58,000 | 105,000 | 111,000 | 137,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 935,000 | 983,000 | 990,000 | 895,000 |
| Total capital | 1,062,000 | 1,106,000 | 1,113,000 | 1,014,000 |
| Risk-weighted assets | 10,159,000 | 10,136,000 | 9,743,000 | 9,416,000 |