Call reports 2008
GEORGE WASHINGTON SAVINGS BANK — 2008
What GEORGE WASHINGTON SAVINGS 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 | 385,143,000 | 390,685,000 | 400,374,000 | 405,571,000 |
| Total loans | 315,144,000 | 326,923,000 | 341,839,000 | 351,575,000 |
| Allowance for loan losses | 4,877,000 | 5,961,000 | 5,534,000 | 6,240,000 |
| Securities available for sale | 38,783,000 | 34,917,000 | 26,699,000 | 22,921,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 319,897,000 | 311,002,000 | 345,060,000 | 347,110,000 |
| Interest-bearing deposits | 298,309,000 | 291,367,000 | 320,962,000 | 324,478,000 |
| Noninterest-bearing deposits | 21,588,000 | 19,635,000 | 24,098,000 | 22,632,000 |
| Equity capital | 41,048,000 | 40,127,000 | 38,857,000 | 39,543,000 |
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 | 6,318,000 | 12,133,000 | 18,390,000 | 24,460,000 |
| Interest expense | 3,175,000 | 5,957,000 | 8,717,000 | 11,391,000 |
| Net interest income | 3,143,000 | 6,176,000 | 9,673,000 | 13,069,000 |
| Noninterest income | 208,000 | 468,000 | 750,000 | 993,000 |
| Noninterest expense | 1,100,000 | 2,914,000 | 4,396,000 | 6,057,000 |
| Provision for loan losses | 450,000 | 1,725,000 | 2,425,000 | 3,225,000 |
| Pretax income | 1,801,000 | 2,005,000 | 949,000 | 2,127,000 |
| Income tax | 635,000 | 615,000 | 130,000 | 515,000 |
| Net income | 1,166,000 | 1,390,000 | 819,000 | 1,612,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,114,000 | 40,088,000 | 39,397,000 | 40,177,000 |
| Total capital | 45,216,000 | 45,173,000 | 44,201,000 | 45,035,000 |
| Risk-weighted assets | 364,306,000 | 377,949,000 | 382,295,000 | 387,253,000 |