Call reports 2008
FIRST NATIONAL BANK OF LACON — 2008
What FIRST NATIONAL BANK OF LACON 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 | 54,682,000 | 60,518,000 | 56,762,000 | 53,812,000 |
| Total loans | 33,411,000 | 34,456,000 | 35,352,000 | 37,386,000 |
| Allowance for loan losses | 215,000 | 158,000 | 411,000 | 454,000 |
| Securities available for sale | 11,046,000 | 13,621,000 | 12,012,000 | 13,737,000 |
| Securities held to maturity | 29,000 | 26,000 | 24,000 | 22,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,328,000 | 53,704,000 | 50,040,000 | 44,960,000 |
| Interest-bearing deposits | 39,717,000 | 45,269,000 | 40,433,000 | 37,546,000 |
| Noninterest-bearing deposits | 7,611,000 | 8,435,000 | 9,607,000 | 7,414,000 |
| Equity capital | 5,228,000 | 4,656,000 | 4,516,000 | 4,941,000 |
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 | 767,000 | 1,454,000 | 2,187,000 | 2,914,000 |
| Interest expense | 329,000 | 624,000 | 887,000 | 1,118,000 |
| Net interest income | 438,000 | 830,000 | 1,300,000 | 1,796,000 |
| Noninterest income | 21,000 | 48,000 | 77,000 | 117,000 |
| Noninterest expense | 315,000 | 669,000 | 979,000 | 1,337,000 |
| Provision for loan losses | 0 | 300,000 | 1,252,000 | 1,802,000 |
| Pretax income | 144,000 | 11,000 | -752,000 | -1,124,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 144,000 | 11,000 | -752,000 | -1,124,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,960,000 | 4,812,000 | 4,529,000 | 4,727,000 |
| Total capital | 5,175,000 | 4,970,000 | 4,940,000 | 5,181,000 |
| Risk-weighted assets | 35,713,000 | 37,901,000 | 37,858,000 | 38,859,000 |