Call reports 2008
FIRSTBANK OF AVON — 2008
What FIRSTBANK OF AVON 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 | 374,158,000 | 381,582,000 | 380,300,000 | 389,921,000 |
| Total loans | 191,055,000 | 200,113,000 | 210,091,000 | 229,437,000 |
| Allowance for loan losses | 1,720,000 | 1,777,000 | 1,877,000 | 2,371,000 |
| Securities available for sale | 99,315,000 | 97,329,000 | 85,081,000 | 78,337,000 |
| Securities held to maturity | 66,803,000 | 65,625,000 | 66,813,000 | 65,675,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 335,177,000 | 323,479,000 | 300,299,000 | 306,489,000 |
| Interest-bearing deposits | 254,630,000 | 254,541,000 | 226,287,000 | 239,111,000 |
| Noninterest-bearing deposits | 80,548,000 | 68,938,000 | 74,012,000 | 67,378,000 |
| Equity capital | 25,074,000 | 25,663,000 | 26,102,000 | 26,125,000 |
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 | 5,385,000 | 10,800,000 | 16,245,000 | 21,664,000 |
| Interest expense | 2,153,000 | 3,814,000 | 5,421,000 | 6,749,000 |
| Net interest income | 3,232,000 | 6,986,000 | 10,824,000 | 14,915,000 |
| Noninterest income | 840,000 | 1,719,000 | 2,606,000 | 3,469,000 |
| Noninterest expense | 2,261,000 | 4,450,000 | 6,536,000 | 8,579,000 |
| Provision for loan losses | -6,000 | 58,000 | 179,000 | 714,000 |
| Pretax income | 1,817,000 | 4,197,000 | 5,660,000 | 8,056,000 |
| Income tax | 485,000 | 1,187,000 | 1,546,000 | 2,255,000 |
| Net income | 1,332,000 | 3,010,000 | 4,114,000 | 5,801,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,502,000 | 24,620,000 | 24,783,000 | 25,069,000 |
| Total capital | 25,280,000 | 26,455,000 | 26,742,000 | 27,529,000 |
| Risk-weighted assets | 176,492,000 | 183,954,000 | 185,926,000 | 196,343,000 |