Call reports 2008
JERSEY STATE BANK — 2008
What JERSEY STATE 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 | 117,036,000 | 116,632,000 | 120,437,000 | 126,773,000 |
| Total loans | 51,237,000 | 51,326,000 | 53,982,000 | 57,109,000 |
| Allowance for loan losses | 277,000 | 333,000 | 372,000 | 410,000 |
| Securities available for sale | 49,513,000 | 46,059,000 | 49,911,000 | 51,837,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,758,000 | 102,042,000 | 105,600,000 | 111,183,000 |
| Interest-bearing deposits | 87,912,000 | 88,391,000 | 94,349,000 | 98,220,000 |
| Noninterest-bearing deposits | 13,846,000 | 13,651,000 | 11,251,000 | 12,963,000 |
| Equity capital | 12,300,000 | 11,603,000 | 12,003,000 | 12,480,000 |
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 | 1,600,000 | 3,106,000 | 4,614,000 | 6,197,000 |
| Interest expense | 678,000 | 1,267,000 | 1,851,000 | 2,457,000 |
| Net interest income | 922,000 | 1,839,000 | 2,763,000 | 3,740,000 |
| Noninterest income | 333,000 | 569,000 | 819,000 | 1,044,000 |
| Noninterest expense | 767,000 | 1,495,000 | 2,250,000 | 3,277,000 |
| Provision for loan losses | 49,000 | 95,000 | 144,000 | 196,000 |
| Pretax income | 439,000 | 821,000 | 1,191,000 | 1,314,000 |
| Income tax | 104,000 | 193,000 | 300,000 | 340,000 |
| Net income | 335,000 | 628,000 | 891,000 | 974,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,872,000 | 11,973,000 | 12,237,000 | 12,118,000 |
| Total capital | 12,149,000 | 12,306,000 | 12,609,000 | 12,528,000 |
| Risk-weighted assets | 63,666,000 | 64,664,000 | 67,604,000 | 70,342,000 |