Call reports 2008
BANK OF FAIRFIELD — 2008
What BANK OF FAIRFIELD 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 | 132,226,000 | 130,164,000 | 138,024,000 | 139,457,000 |
| Total loans | 115,448,000 | 115,434,000 | 122,080,000 | 123,192,000 |
| Allowance for loan losses | 2,200,000 | 2,407,000 | 2,306,000 | 2,038,000 |
| Securities available for sale | 10,225,000 | 7,181,000 | 8,013,000 | 8,995,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 111,173,000 | 108,494,000 | 112,003,000 | 110,092,000 |
| Interest-bearing deposits | 95,829,000 | 93,515,000 | 95,894,000 | 94,447,000 |
| Noninterest-bearing deposits | 15,344,000 | 14,980,000 | 16,109,000 | 15,644,000 |
| Equity capital | 12,793,000 | 12,893,000 | 13,019,000 | 13,358,000 |
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 | 2,535,000 | 5,046,000 | 7,474,000 | 9,947,000 |
| Interest expense | 978,000 | 1,808,000 | 2,629,000 | 3,361,000 |
| Net interest income | 1,557,000 | 3,238,000 | 4,845,000 | 6,586,000 |
| Noninterest income | 245,000 | 469,000 | 813,000 | 1,167,000 |
| Noninterest expense | 1,501,000 | 2,905,000 | 4,414,000 | 5,839,000 |
| Provision for loan losses | 0 | 120,000 | 240,000 | 360,000 |
| Pretax income | 289,000 | 680,000 | 1,077,000 | 1,627,000 |
| Income tax | 0 | 0 | 0 | 1,000 |
| Net income | 289,000 | 680,000 | 1,077,000 | 1,626,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,396,000 | 12,724,000 | 13,063,000 | 13,623,000 |
| Total capital | 13,835,000 | 14,158,000 | 14,556,000 | 15,130,000 |
| Risk-weighted assets | 114,209,000 | 113,661,000 | 118,525,000 | 119,925,000 |