Call reports 2008
HAGERSTOWN TRUST COMPANY — 2008
What HAGERSTOWN TRUST COMPANY 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 | 501,484,000 | 494,393,000 | 496,557,000 | 527,201,000 |
| Total loans | 337,625,000 | 333,377,000 | 345,857,000 | 344,538,000 |
| Allowance for loan losses | 4,899,000 | 4,966,000 | 3,390,000 | 3,143,000 |
| Securities available for sale | 115,788,000 | 105,526,000 | 110,304,000 | 103,525,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 399,971,000 | 398,103,000 | 400,972,000 | 423,049,000 |
| Interest-bearing deposits | 364,505,000 | 307,446,000 | 315,011,000 | 336,960,000 |
| Noninterest-bearing deposits | 35,466,000 | 90,657,000 | 85,961,000 | 86,089,000 |
| Equity capital | 35,250,000 | 33,015,000 | 33,994,000 | 35,383,000 |
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 | 6,729,000 | 13,147,000 | 19,544,000 | 25,802,000 |
| Interest expense | 2,738,000 | 5,121,000 | 7,435,000 | 9,886,000 |
| Net interest income | 3,991,000 | 8,026,000 | 12,109,000 | 15,916,000 |
| Noninterest income | 1,519,000 | 3,268,000 | 4,755,000 | 6,269,000 |
| Noninterest expense | 3,336,000 | 6,718,000 | 9,934,000 | 13,238,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,399,000 | 4,839,000 | 7,219,000 | 9,277,000 |
| Income tax | 483,000 | 1,381,000 | 1,697,000 | 2,314,000 |
| Net income | 1,916,000 | 3,458,000 | 5,522,000 | 6,963,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,540,000 | 33,230,000 | 33,793,000 | 34,585,000 |
| Total capital | 38,731,000 | 37,424,000 | 37,279,000 | 37,789,000 |
| Risk-weighted assets | 334,227,000 | 334,583,000 | 341,537,000 | 346,061,000 |