Call reports 2008
FIRST NATIONAL BANK OF SAINT IGNACE, THE — 2008
What FIRST NATIONAL BANK OF SAINT IGNACE, THE 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 | 186,632,000 | 189,011,000 | 203,225,000 | 192,026,000 |
| Total loans | 86,901,000 | 87,207,000 | 83,948,000 | 83,418,000 |
| Allowance for loan losses | 904,000 | 732,000 | 749,000 | 736,000 |
| Securities available for sale | 75,042,000 | 72,264,000 | 79,501,000 | 82,994,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 163,742,000 | 166,548,000 | 181,171,000 | 168,633,000 |
| Interest-bearing deposits | 141,849,000 | 141,071,000 | 151,996,000 | 143,084,000 |
| Noninterest-bearing deposits | 21,893,000 | 25,477,000 | 29,175,000 | 25,549,000 |
| Equity capital | 21,141,000 | 20,463,000 | 20,290,000 | 20,978,000 |
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 | 2,509,000 | 4,838,000 | 7,251,000 | 9,687,000 |
| Interest expense | 938,000 | 1,837,000 | 2,741,000 | 3,527,000 |
| Net interest income | 1,571,000 | 3,001,000 | 4,510,000 | 6,160,000 |
| Noninterest income | 157,000 | 446,000 | 725,000 | 697,000 |
| Noninterest expense | 1,627,000 | 3,161,000 | 4,759,000 | 6,098,000 |
| Provision for loan losses | 50,000 | 95,000 | 140,000 | 190,000 |
| Pretax income | 51,000 | 202,000 | -253,000 | -230,000 |
| Income tax | -44,000 | -45,000 | -294,000 | -430,000 |
| Net income | 95,000 | 247,000 | 41,000 | 200,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,187,000 | 19,923,000 | 19,710,000 | 19,450,000 |
| Total capital | 21,091,000 | 20,655,000 | 20,459,000 | 20,186,000 |
| Risk-weighted assets | 110,259,000 | 110,307,000 | 111,669,000 | 109,738,000 |