Call reports 2008
FIRST BANK OF BANCROFT — 2008
What FIRST BANK OF BANCROFT 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 | 18,987,000 | 19,087,000 | 19,468,000 | 18,812,000 |
| Total loans | 11,790,000 | 11,857,000 | 12,106,000 | 12,899,000 |
| Allowance for loan losses | 175,000 | 175,000 | 189,000 | 139,000 |
| Securities available for sale | 2,123,000 | 3,436,000 | 3,512,000 | 3,180,000 |
| Securities held to maturity | 66,000 | 66,000 | 67,000 | 66,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 15,714,000 | 15,844,000 | 16,139,000 | 14,943,000 |
| Interest-bearing deposits | 13,161,000 | 13,214,000 | 13,485,000 | 12,649,000 |
| Noninterest-bearing deposits | 2,553,000 | 2,630,000 | 2,654,000 | 2,294,000 |
| Equity capital | 2,998,000 | 2,999,000 | 3,057,000 | 2,983,000 |
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 | 274,000 | 526,000 | 785,000 | 1,040,000 |
| Interest expense | 101,000 | 185,000 | 258,000 | 324,000 |
| Net interest income | 173,000 | 341,000 | 527,000 | 716,000 |
| Noninterest income | 15,000 | 35,000 | 51,000 | 65,000 |
| Noninterest expense | 136,000 | 283,000 | 432,000 | 583,000 |
| Provision for loan losses | 0 | 0 | 0 | 30,000 |
| Pretax income | 52,000 | 93,000 | 146,000 | 168,000 |
| Income tax | 13,000 | 23,000 | 35,000 | 44,000 |
| Net income | 39,000 | 70,000 | 111,000 | 124,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,981,000 | 3,012,000 | 3,053,000 | 2,966,000 |
| Total capital | 3,135,000 | 3,163,000 | 3,208,000 | 3,105,000 |
| Risk-weighted assets | 12,272,000 | 12,074,000 | 12,359,000 | 13,000,000 |