Call reports 2008
MEREDITH VILLAGE SAVINGS BANK — 2008
What MEREDITH VILLAGE 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 | 524,057,000 | 585,644,000 | 567,712,000 | 592,481,000 |
| Total loans | 416,952,000 | 419,234,000 | 429,626,000 | 429,728,000 |
| Allowance for loan losses | 5,249,000 | 3,534,000 | 3,820,000 | 4,506,000 |
| Securities available for sale | 58,279,000 | 77,908,000 | 84,043,000 | 102,526,000 |
| Securities held to maturity | 715,000 | 715,000 | 710,000 | 820,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 424,474,000 | 458,258,000 | 441,401,000 | 438,658,000 |
| Interest-bearing deposits | 409,183,000 | 438,031,000 | 412,963,000 | 418,725,000 |
| Noninterest-bearing deposits | 15,291,000 | 20,227,000 | 28,438,000 | 19,933,000 |
| Equity capital | 59,789,000 | 59,338,000 | 60,997,000 | 62,166,000 |
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 | 8,137,000 | 15,936,000 | 24,020,000 | 32,388,000 |
| Interest expense | 3,432,000 | 6,205,000 | 8,836,000 | 11,353,000 |
| Net interest income | 4,705,000 | 9,731,000 | 15,184,000 | 21,035,000 |
| Noninterest income | 902,000 | 1,852,000 | 3,022,000 | 3,766,000 |
| Noninterest expense | 5,110,000 | 9,934,000 | 14,787,000 | 20,277,000 |
| Provision for loan losses | 90,000 | 180,000 | 540,000 | 2,215,000 |
| Pretax income | 395,000 | 1,447,000 | 3,174,000 | 2,604,000 |
| Income tax | 32,000 | 313,000 | 900,000 | 605,000 |
| Net income | 363,000 | 1,134,000 | 2,274,000 | 1,999,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,862,000 | 59,639,000 | 60,718,000 | 60,445,000 |
| Total capital | 63,725,000 | 63,173,000 | 64,538,000 | 64,951,000 |
| Risk-weighted assets | 388,658,000 | 406,405,000 | 411,566,000 | 415,944,000 |