Call reports 2008
LOGAN COUNTY BANK — 2008
What LOGAN COUNTY 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 | 63,577,000 | 63,998,000 | 65,316,000 | 65,071,000 |
| Total loans | 20,579,000 | 20,522,000 | 20,950,000 | 20,544,000 |
| Allowance for loan losses | 307,000 | 309,000 | 312,000 | 312,000 |
| Securities available for sale | 21,269,000 | 21,381,000 | 20,298,000 | 21,022,000 |
| Securities held to maturity | 16,363,000 | 15,189,000 | 15,921,000 | 15,756,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,274,000 | 53,798,000 | 52,086,000 | 51,487,000 |
| Interest-bearing deposits | 46,005,000 | 46,008,000 | 44,068,000 | 43,540,000 |
| Noninterest-bearing deposits | 7,269,000 | 7,790,000 | 8,018,000 | 7,947,000 |
| Equity capital | 10,119,000 | 10,010,000 | 9,726,000 | 10,165,000 |
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 | 876,000 | 1,723,000 | 2,567,000 | 3,419,000 |
| Interest expense | 420,000 | 800,000 | 1,125,000 | 1,453,000 |
| Net interest income | 456,000 | 923,000 | 1,442,000 | 1,966,000 |
| Noninterest income | 18,000 | 29,000 | 48,000 | 60,000 |
| Noninterest expense | 223,000 | 463,000 | 720,000 | 987,000 |
| Provision for loan losses | 0 | 10,000 | 59,000 | 99,000 |
| Pretax income | 252,000 | 480,000 | 711,000 | 753,000 |
| Income tax | 46,000 | 113,000 | 171,000 | 147,000 |
| Net income | 206,000 | 367,000 | 540,000 | 606,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,337,000 | 10,438,000 | 10,251,000 | 10,578,000 |
| Total capital | 10,644,000 | 10,747,000 | 10,563,000 | 10,890,000 |
| Risk-weighted assets | 43,060,000 | 44,205,000 | 26,261,000 | 26,615,000 |