Call reports 2008
ADRIAN STATE BANK — 2008
What ADRIAN STATE 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 | 27,018,000 | 27,965,000 | 28,728,000 | 32,227,000 |
| Total loans | 19,409,000 | 19,294,000 | 20,164,000 | 20,095,000 |
| Allowance for loan losses | 163,000 | 177,000 | 219,000 | 241,000 |
| Securities available for sale | 5,734,000 | 6,379,000 | 6,849,000 | 7,387,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,386,000 | 24,403,000 | 25,118,000 | 28,658,000 |
| Interest-bearing deposits | 19,489,000 | 20,188,000 | 20,727,000 | 21,604,000 |
| Noninterest-bearing deposits | 3,897,000 | 4,215,000 | 4,391,000 | 7,054,000 |
| Equity capital | 3,155,000 | 3,078,000 | 3,117,000 | 3,142,000 |
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 | 455,000 | 861,000 | 1,279,000 | 1,673,000 |
| Interest expense | 169,000 | 317,000 | 457,000 | 591,000 |
| Net interest income | 286,000 | 544,000 | 822,000 | 1,082,000 |
| Noninterest income | 49,000 | 101,000 | 146,000 | 190,000 |
| Noninterest expense | 248,000 | 495,000 | 738,000 | 1,031,000 |
| Provision for loan losses | 2,000 | 12,000 | 52,000 | 74,000 |
| Pretax income | 85,000 | 138,000 | 178,000 | 167,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 85,000 | 138,000 | 178,000 | 167,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,094,000 | 3,111,000 | 3,119,000 | 3,075,000 |
| Total capital | 3,257,000 | 3,288,000 | 3,338,000 | 3,316,000 |
| Risk-weighted assets | 20,502,000 | 21,060,000 | 21,590,000 | 22,190,000 |