Call reports 2008
NORTH CENTRAL BANK — 2008
What NORTH CENTRAL 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 | 106,505,000 | 107,183,000 | 106,098,000 | 112,162,000 |
| Total loans | 56,674,000 | 58,113,000 | 59,595,000 | 61,930,000 |
| Allowance for loan losses | 782,000 | 773,000 | 776,000 | 803,000 |
| Securities available for sale | 35,526,000 | 36,240,000 | 36,462,000 | 37,497,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 90,195,000 | 91,496,000 | 90,319,000 | 95,029,000 |
| Interest-bearing deposits | 83,079,000 | 84,744,000 | 83,323,000 | 87,960,000 |
| Noninterest-bearing deposits | 7,116,000 | 6,752,000 | 6,996,000 | 7,069,000 |
| Equity capital | 13,158,000 | 12,601,000 | 12,750,000 | 13,466,000 |
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 | 1,442,000 | 2,869,000 | 4,315,000 | 5,768,000 |
| Interest expense | 748,000 | 1,447,000 | 2,117,000 | 2,761,000 |
| Net interest income | 694,000 | 1,422,000 | 2,198,000 | 3,007,000 |
| Noninterest income | 132,000 | 235,000 | 343,000 | 437,000 |
| Noninterest expense | 569,000 | 1,073,000 | 1,628,000 | 2,248,000 |
| Provision for loan losses | 0 | 0 | 0 | 27,000 |
| Pretax income | 257,000 | 584,000 | 913,000 | 1,169,000 |
| Income tax | 0 | 0 | 0 | 9,000 |
| Net income | 257,000 | 584,000 | 913,000 | 1,160,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,163,000 | 10,328,000 | 10,559,000 | 10,333,000 |
| Total capital | 10,856,000 | 11,035,000 | 11,275,000 | 11,088,000 |
| Risk-weighted assets | 55,327,000 | 56,528,000 | 57,192,000 | 60,395,000 |