Call reports 2008
PINNACLE BANK — 2008
What PINNACLE 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 | 147,495,000 | 131,597,000 | 123,034,000 | 121,509,000 |
| Total loans | 110,606,000 | 97,146,000 | 89,351,000 | 86,976,000 |
| Allowance for loan losses | 2,817,000 | 1,557,000 | 1,503,000 | 1,498,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 26,234,000 | 24,812,000 | 24,484,000 | 23,880,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 113,243,000 | 102,484,000 | 93,185,000 | 91,567,000 |
| Interest-bearing deposits | 109,605,000 | 100,516,000 | 91,436,000 | 89,373,000 |
| Noninterest-bearing deposits | 3,638,000 | 1,968,000 | 1,750,000 | 2,193,000 |
| Equity capital | 15,106,000 | 15,297,000 | 15,436,000 | 15,388,000 |
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 | 2,361,000 | 4,424,000 | 6,221,000 | 7,845,000 |
| Interest expense | 1,466,000 | 2,618,000 | 3,568,000 | 4,423,000 |
| Net interest income | 895,000 | 1,806,000 | 2,653,000 | 3,422,000 |
| Noninterest income | -70,000 | -193,000 | -185,000 | -175,000 |
| Noninterest expense | 679,000 | 1,253,000 | 1,901,000 | 2,563,000 |
| Provision for loan losses | 20,000 | 60,000 | 100,000 | 330,000 |
| Pretax income | 126,000 | 300,000 | 467,000 | 354,000 |
| Income tax | 29,000 | 52,000 | 80,000 | 15,000 |
| Net income | 97,000 | 248,000 | 387,000 | 339,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,906,000 | 15,097,000 | 15,236,000 | 15,188,000 |
| Total capital | 17,426,000 | 17,434,000 | 17,472,000 | 18,402,000 |
| Risk-weighted assets | 120,290,000 | 106,702,000 | 98,621,000 | 96,811,000 |