Call reports 2008
INVESTORS COMMUNITY BANK — 2008
What INVESTORS COMMUNITY 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 | 517,515,000 | 556,788,000 | 595,206,000 | 602,397,000 |
| Total loans | 447,621,000 | 492,671,000 | 513,122,000 | 538,894,000 |
| Allowance for loan losses | 5,098,000 | 4,783,000 | 5,125,000 | 5,109,000 |
| Securities available for sale | 47,465,000 | 44,661,000 | 45,635,000 | 46,834,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 435,176,000 | 469,028,000 | 508,176,000 | 514,515,000 |
| Interest-bearing deposits | 410,253,000 | 438,069,000 | 479,158,000 | 483,229,000 |
| Noninterest-bearing deposits | 24,924,000 | 30,959,000 | 29,017,000 | 31,287,000 |
| Equity capital | 43,205,000 | 47,464,000 | 50,793,000 | 52,202,000 |
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 | 8,411,000 | 16,610,000 | 25,092,000 | 33,483,000 |
| Interest expense | 5,094,000 | 10,227,000 | 15,407,000 | 20,281,000 |
| Net interest income | 3,317,000 | 6,383,000 | 9,685,000 | 13,202,000 |
| Noninterest income | 881,000 | 1,356,000 | 2,057,000 | 2,961,000 |
| Noninterest expense | 1,906,000 | 3,751,000 | 5,761,000 | 7,699,000 |
| Provision for loan losses | 393,000 | 1,055,000 | 1,401,000 | 2,141,000 |
| Pretax income | 1,899,000 | 2,933,000 | 4,580,000 | 6,323,000 |
| Income tax | 645,000 | 980,000 | 1,535,000 | 2,201,000 |
| Net income | 1,254,000 | 1,953,000 | 3,045,000 | 4,122,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,570,000 | 47,543,000 | 50,385,000 | 51,211,000 |
| Total capital | 47,861,000 | 52,562,000 | 55,745,000 | 56,493,000 |
| Risk-weighted assets | 457,327,000 | 494,166,000 | 517,249,000 | 535,473,000 |