Call reports 2008
OGLETHORPE BANK — 2008
What OGLETHORPE 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 | 219,664,000 | 229,986,000 | 243,631,000 | 252,705,000 |
| Total loans | 192,757,000 | 205,603,000 | 213,303,000 | 222,203,000 |
| Allowance for loan losses | 2,415,000 | 2,347,000 | 2,371,000 | 3,265,000 |
| Securities available for sale | 11,725,000 | 9,934,000 | 9,425,000 | 8,627,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 191,891,000 | 195,262,000 | 206,170,000 | 217,721,000 |
| Interest-bearing deposits | 179,915,000 | 184,061,000 | 195,009,000 | 208,012,000 |
| Noninterest-bearing deposits | 11,977,000 | 11,201,000 | 11,160,000 | 9,709,000 |
| Equity capital | 16,941,000 | 16,909,000 | 18,283,000 | 18,279,000 |
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 | 3,703,000 | 7,243,000 | 10,856,000 | 14,444,000 |
| Interest expense | 1,849,000 | 3,648,000 | 5,514,000 | 7,418,000 |
| Net interest income | 1,854,000 | 3,595,000 | 5,342,000 | 7,026,000 |
| Noninterest income | 335,000 | 634,000 | 829,000 | 970,000 |
| Noninterest expense | 1,522,000 | 3,082,000 | 4,726,000 | 6,450,000 |
| Provision for loan losses | 160,000 | 297,000 | 464,000 | 1,821,000 |
| Pretax income | 507,000 | 852,000 | 1,007,000 | -250,000 |
| Income tax | 153,000 | 251,000 | 292,000 | -93,000 |
| Net income | 354,000 | 601,000 | 715,000 | -157,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,795,000 | 17,069,000 | 18,210,000 | 18,139,000 |
| Total capital | 19,040,000 | 19,400,000 | 20,581,000 | 20,613,000 |
| Risk-weighted assets | 178,690,000 | 187,928,000 | 194,445,000 | 198,408,000 |