Call reports 2008
SHARON BANK — 2008
What SHARON 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 | 170,243,000 | 183,657,000 | 178,396,000 | 211,474,000 |
| Total loans | 122,559,000 | 125,143,000 | 126,449,000 | 136,551,000 |
| Allowance for loan losses | 237,000 | 247,000 | 306,000 | 359,000 |
| Securities available for sale | 15,272,000 | 27,584,000 | 30,241,000 | 36,987,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 149,694,000 | 152,089,000 | 143,321,000 | 172,712,000 |
| Interest-bearing deposits | 144,026,000 | 147,172,000 | 138,035,000 | 167,221,000 |
| Noninterest-bearing deposits | 5,668,000 | 4,917,000 | 5,286,000 | 5,491,000 |
| Equity capital | 18,530,000 | 17,927,000 | 16,801,000 | 17,061,000 |
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 | 2,125,000 | 4,321,000 | 6,612,000 | 9,900,000 |
| Interest expense | 1,110,000 | 2,217,000 | 3,358,000 | 5,200,000 |
| Net interest income | 1,015,000 | 2,104,000 | 3,254,000 | 4,700,000 |
| Noninterest income | 193,000 | 355,000 | 522,000 | 697,000 |
| Noninterest expense | 1,161,000 | 2,325,000 | 3,430,000 | 5,316,000 |
| Provision for loan losses | 1,000 | 12,000 | 73,000 | 102,000 |
| Pretax income | 46,000 | 122,000 | 273,000 | -669,000 |
| Income tax | -4,000 | 8,000 | 89,000 | 98,000 |
| Net income | 50,000 | 114,000 | 184,000 | -767,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,859,000 | 19,840,000 | 19,839,000 | 19,990,000 |
| Total capital | 20,096,000 | 20,087,000 | 20,145,000 | 20,349,000 |
| Risk-weighted assets | 97,397,000 | 111,916,000 | 115,364,000 | 129,488,000 |