Call reports 2008
IROQUOIS FARMERS STATE BANK — 2008
What IROQUOIS FARMERS STATE 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 | 37,317,000 | 36,722,000 | 36,443,000 | 39,135,000 |
| Total loans | 20,131,000 | 20,520,000 | 22,091,000 | 22,970,000 |
| Allowance for loan losses | 142,000 | 144,000 | 144,000 | 145,000 |
| Securities available for sale | 9,043,000 | 10,000,000 | 9,874,000 | 11,261,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,481,000 | 31,024,000 | 31,304,000 | 33,982,000 |
| Interest-bearing deposits | 26,136,000 | 26,038,000 | 26,332,000 | 26,205,000 |
| Noninterest-bearing deposits | 5,345,000 | 4,986,000 | 4,972,000 | 7,777,000 |
| Equity capital | 5,004,000 | 4,821,000 | 4,844,000 | 5,018,000 |
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 | 508,000 | 979,000 | 1,462,000 | 1,949,000 |
| Interest expense | 207,000 | 392,000 | 554,000 | 701,000 |
| Net interest income | 301,000 | 587,000 | 908,000 | 1,248,000 |
| Noninterest income | 25,000 | 53,000 | 79,000 | 105,000 |
| Noninterest expense | 254,000 | 502,000 | 764,000 | 974,000 |
| Provision for loan losses | 1,000 | 3,000 | 3,000 | 3,000 |
| Pretax income | 71,000 | 135,000 | 220,000 | 376,000 |
| Income tax | -1,000 | -1,000 | 0 | 1,000 |
| Net income | 72,000 | 136,000 | 220,000 | 375,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,909,000 | 4,917,000 | 4,926,000 | 4,926,000 |
| Total capital | 5,051,000 | 5,061,000 | 5,070,000 | 5,071,000 |
| Risk-weighted assets | 23,599,000 | 24,077,000 | 25,400,000 | 26,895,000 |