Call reports 2008
MOUNTAIN 1ST BANK & TRUST COMPANY — 2008
What MOUNTAIN 1ST BANK & TRUST COMPANY 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 | 653,666,000 | 684,834,000 | 670,167,000 | 707,136,000 |
| Total loans | 563,978,000 | 593,417,000 | 570,692,000 | 584,033,000 |
| Allowance for loan losses | 8,253,000 | 8,816,000 | 9,052,000 | 9,013,000 |
| Securities available for sale | 58,777,000 | 49,665,000 | 65,703,000 | 86,801,000 |
| Securities held to maturity | 0 | 0 | 825,000 | 824,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 543,031,000 | 568,921,000 | 529,567,000 | 596,380,000 |
| Interest-bearing deposits | 518,921,000 | 541,732,000 | 504,834,000 | 575,292,000 |
| Noninterest-bearing deposits | 24,110,000 | 27,189,000 | 24,733,000 | 21,088,000 |
| Equity capital | 47,278,000 | 48,824,000 | 51,835,000 | 57,207,000 |
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 | 10,275,000 | 19,779,000 | 29,302,000 | 38,550,000 |
| Interest expense | 5,218,000 | 9,800,000 | 13,993,000 | 17,858,000 |
| Net interest income | 5,057,000 | 9,979,000 | 15,309,000 | 20,692,000 |
| Noninterest income | 1,269,000 | 2,484,000 | 3,582,000 | 4,678,000 |
| Noninterest expense | 4,509,000 | 8,976,000 | 13,696,000 | 18,073,000 |
| Provision for loan losses | 685,000 | 1,625,000 | 2,240,000 | 6,520,000 |
| Pretax income | 1,221,000 | 1,996,000 | 3,101,000 | 923,000 |
| Income tax | 432,000 | 683,000 | 919,000 | 98,000 |
| Net income | 789,000 | 1,313,000 | 2,182,000 | 825,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,145,000 | 49,184,000 | 52,060,000 | 57,729,000 |
| Total capital | 53,830,000 | 56,154,000 | 58,908,000 | 64,665,000 |
| Risk-weighted assets | 533,243,000 | 555,746,000 | 545,657,000 | 552,790,000 |