Call reports 2008
FIRSTOAK BANK — 2008
What FIRSTOAK 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 | 84,803,000 | 82,633,000 | 77,756,000 | 76,910,000 |
| Total loans | 66,011,000 | 66,748,000 | 64,535,000 | 64,704,000 |
| Allowance for loan losses | 829,000 | 847,000 | 821,000 | 783,000 |
| Securities available for sale | 3,519,000 | 3,496,000 | 3,472,000 | 3,144,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,892,000 | 66,936,000 | 62,103,000 | 59,096,000 |
| Interest-bearing deposits | 55,761,000 | 56,340,000 | 50,487,000 | 47,517,000 |
| Noninterest-bearing deposits | 13,131,000 | 10,596,000 | 11,616,000 | 11,579,000 |
| Equity capital | 7,551,000 | 7,325,000 | 7,264,000 | 7,415,000 |
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 | 1,525,000 | 3,025,000 | 4,394,000 | 5,656,000 |
| Interest expense | 517,000 | 985,000 | 1,418,000 | 1,771,000 |
| Net interest income | 1,008,000 | 2,040,000 | 2,976,000 | 3,885,000 |
| Noninterest income | 73,000 | 134,000 | 172,000 | 211,000 |
| Noninterest expense | 759,000 | 1,531,000 | 2,301,000 | 3,141,000 |
| Provision for loan losses | 0 | 0 | 27,000 | 27,000 |
| Pretax income | 322,000 | 643,000 | 820,000 | 928,000 |
| Income tax | 7,000 | 8,000 | 16,000 | 22,000 |
| Net income | 315,000 | 635,000 | 804,000 | 906,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,059,000 | 6,891,000 | 6,854,000 | 7,003,000 |
| Total capital | 7,888,000 | 7,725,000 | 7,656,000 | 7,786,000 |
| Risk-weighted assets | 66,443,000 | 66,734,000 | 64,103,000 | 64,206,000 |