Call reports 2008
FIRST NATIONAL BANK OF THE NORTH — 2008
What FIRST NATIONAL BANK OF THE NORTH 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 | 64,159,000 | 63,023,000 | 61,679,000 | 62,731,000 |
| Total loans | 47,521,000 | 47,080,000 | 47,216,000 | 48,956,000 |
| Allowance for loan losses | 328,000 | 384,000 | 388,000 | 302,000 |
| Securities available for sale | 9,555,000 | 8,712,000 | 8,690,000 | 6,821,000 |
| Securities held to maturity | 2,936,000 | 2,759,000 | 2,300,000 | 2,344,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,068,000 | 57,524,000 | 55,758,000 | 56,342,000 |
| Interest-bearing deposits | 51,018,000 | 51,984,000 | 50,123,000 | 51,680,000 |
| Noninterest-bearing deposits | 6,050,000 | 5,540,000 | 5,635,000 | 4,662,000 |
| Equity capital | 5,500,000 | 5,411,000 | 5,235,000 | 5,312,000 |
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 | 1,113,000 | 2,172,000 | 3,200,000 | 4,192,000 |
| Interest expense | 342,000 | 645,000 | 927,000 | 1,191,000 |
| Net interest income | 771,000 | 1,527,000 | 2,273,000 | 3,001,000 |
| Noninterest income | 36,000 | 85,000 | 134,000 | 168,000 |
| Noninterest expense | 533,000 | 1,055,000 | 1,606,000 | 2,073,000 |
| Provision for loan losses | 30,000 | 90,000 | 90,000 | 90,000 |
| Pretax income | 244,000 | 446,000 | 481,000 | 522,000 |
| Income tax | 6,000 | 12,000 | 12,000 | 12,000 |
| Net income | 238,000 | 434,000 | 469,000 | 510,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,444,000 | 5,450,000 | 5,295,000 | 5,241,000 |
| Total capital | 5,772,000 | 5,834,000 | 5,683,000 | 5,543,000 |
| Risk-weighted assets | 47,637,000 | 46,655,000 | 46,238,000 | 47,370,000 |