Call reports 2008
MAINSTREET BANK — 2008
What MAINSTREET 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 | 161,371,000 | 176,524,000 | 178,423,000 | 187,373,000 |
| Total loans | 121,829,000 | 131,524,000 | 136,070,000 | 143,221,000 |
| Allowance for loan losses | 1,359,000 | 1,456,000 | 1,512,000 | 1,621,000 |
| Securities available for sale | 32,770,000 | 37,530,000 | 24,837,000 | 28,534,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 114,846,000 | 131,269,000 | 132,994,000 | 142,458,000 |
| Interest-bearing deposits | 97,630,000 | 116,130,000 | 115,998,000 | 125,836,000 |
| Noninterest-bearing deposits | 17,216,000 | 15,139,000 | 16,996,000 | 16,622,000 |
| Equity capital | 22,349,000 | 21,968,000 | 22,196,000 | 22,475,000 |
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 | 2,494,000 | 5,016,000 | 7,642,000 | 10,188,000 |
| Interest expense | 1,209,000 | 2,363,000 | 3,543,000 | 4,692,000 |
| Net interest income | 1,285,000 | 2,653,000 | 4,099,000 | 5,496,000 |
| Noninterest income | 69,000 | 128,000 | 242,000 | 317,000 |
| Noninterest expense | 1,368,000 | 2,693,000 | 4,061,000 | 5,328,000 |
| Provision for loan losses | 74,000 | 171,000 | 276,000 | 385,000 |
| Pretax income | -88,000 | -83,000 | 4,000 | 100,000 |
| Income tax | -30,000 | -28,000 | 1,000 | 34,000 |
| Net income | -58,000 | -55,000 | 3,000 | 66,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,448,000 | 22,464,000 | 22,560,000 | 22,671,000 |
| Total capital | 23,807,000 | 23,920,000 | 24,072,000 | 24,292,000 |
| Risk-weighted assets | 133,477,000 | 146,079,000 | 150,212,000 | 150,809,000 |