Call reports 2008
ELKHART COMMUNITY BANK — 2008
What ELKHART COMMUNITY 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 | 90,775,000 | 92,330,000 | 96,664,000 | 99,918,000 |
| Total loans | 87,298,000 | 89,338,000 | 90,410,000 | 88,219,000 |
| Allowance for loan losses | 1,400,000 | 1,467,000 | 1,888,000 | 1,702,000 |
| Securities available for sale | 0 | 0 | 617,000 | 545,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,368,000 | 79,090,000 | 85,966,000 | 89,449,000 |
| Interest-bearing deposits | 71,369,000 | 71,949,000 | 79,575,000 | 83,545,000 |
| Noninterest-bearing deposits | 6,999,000 | 7,141,000 | 6,391,000 | 5,904,000 |
| Equity capital | 8,744,000 | 8,799,000 | 8,833,000 | 8,614,000 |
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 | 1,445,000 | 2,823,000 | 4,268,000 | 5,536,000 |
| Interest expense | 784,000 | 1,457,000 | 2,149,000 | 2,849,000 |
| Net interest income | 661,000 | 1,366,000 | 2,119,000 | 2,687,000 |
| Noninterest income | 28,000 | 47,000 | 85,000 | 147,000 |
| Noninterest expense | 339,000 | 760,000 | 1,164,000 | 1,655,000 |
| Provision for loan losses | 133,000 | 197,000 | 683,000 | 1,101,000 |
| Pretax income | 217,000 | 456,000 | 357,000 | 78,000 |
| Income tax | 87,000 | 184,000 | 147,000 | 39,000 |
| Net income | 130,000 | 272,000 | 210,000 | 39,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,516,000 | 7,571,000 | 7,660,000 | 7,488,000 |
| Total capital | 8,560,000 | 8,642,000 | 8,756,000 | 8,557,000 |
| Risk-weighted assets | 83,137,000 | 85,248,000 | 86,898,000 | 84,859,000 |