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 | 91,861,000 | 81,909,000 | 73,782,000 | 71,921,000 |
| Total loans | 66,532,000 | 67,659,000 | 65,705,000 | 64,338,000 |
| Allowance for loan losses | 1,366,000 | 1,735,000 | 1,722,000 | 1,346,000 |
| Securities available for sale | 0 | 4,000,000 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,757,000 | 73,222,000 | 65,192,000 | 64,168,000 |
| Interest-bearing deposits | 71,001,000 | 60,946,000 | 54,788,000 | 56,814,000 |
| Noninterest-bearing deposits | 11,756,000 | 12,276,000 | 10,404,000 | 7,354,000 |
| Equity capital | 8,883,000 | 8,252,000 | 8,052,000 | 5,964,000 |
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 | 1,394,000 | 2,770,000 | 3,827,000 | 4,867,000 |
| Interest expense | 715,000 | 1,287,000 | 1,808,000 | 2,311,000 |
| Net interest income | 679,000 | 1,483,000 | 2,019,000 | 2,556,000 |
| Noninterest income | 26,000 | 44,000 | 98,000 | 123,000 |
| Noninterest expense | 948,000 | 1,863,000 | 2,816,000 | 3,678,000 |
| Provision for loan losses | -250,000 | 710,000 | 710,000 | 710,000 |
| Pretax income | 7,000 | -1,046,000 | -1,409,000 | -1,709,000 |
| Income tax | 2,000 | -398,000 | -535,000 | 1,281,000 |
| Net income | 5,000 | -648,000 | -874,000 | -2,990,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,723,000 | 6,694,000 | 6,236,000 | 5,964,000 |
| Total capital | 8,674,000 | 7,668,000 | 7,130,000 | 6,827,000 |
| Risk-weighted assets | 75,669,000 | 77,149,000 | 70,653,000 | 68,555,000 |