Call reports 2008
IOWA STATE BANK AND TRUST COMPANY — 2008
What IOWA STATE BANK AND TRUST COMPANY 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 | 101,369,000 | 101,664,000 | 108,500,000 | 109,461,000 |
| Total loans | 71,793,000 | 73,465,000 | 75,613,000 | 76,489,000 |
| Allowance for loan losses | 659,000 | 670,000 | 657,000 | 882,000 |
| Securities available for sale | 10,647,000 | 10,881,000 | 11,625,000 | 11,683,000 |
| Securities held to maturity | 1,087,000 | 1,087,000 | 1,087,000 | 1,087,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,180,000 | 71,238,000 | 77,420,000 | 78,181,000 |
| Interest-bearing deposits | 56,142,000 | 52,277,000 | 57,070,000 | 54,160,000 |
| Noninterest-bearing deposits | 18,038,000 | 18,961,000 | 20,350,000 | 24,021,000 |
| Equity capital | 9,016,000 | 8,843,000 | 8,811,000 | 8,677,000 |
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 | 1,494,000 | 2,941,000 | 4,434,000 | 5,940,000 |
| Interest expense | 596,000 | 1,205,000 | 1,805,000 | 2,355,000 |
| Net interest income | 898,000 | 1,736,000 | 2,629,000 | 3,585,000 |
| Noninterest income | 185,000 | 350,000 | 514,000 | 700,000 |
| Noninterest expense | 564,000 | 1,350,000 | 2,057,000 | 2,743,000 |
| Provision for loan losses | 25,000 | 90,000 | 147,000 | 598,000 |
| Pretax income | 538,000 | 690,000 | 983,000 | 987,000 |
| Income tax | 164,000 | 191,000 | 271,000 | 218,000 |
| Net income | 374,000 | 499,000 | 712,000 | 769,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,522,000 | 8,460,000 | 8,450,000 | 9,233,000 |
| Total capital | 9,181,000 | 9,130,000 | 9,107,000 | 10,115,000 |
| Risk-weighted assets | 72,714,000 | 74,964,000 | 78,195,000 | 79,633,000 |