Call reports 2008
WEST IOWA BANK — 2008
What WEST IOWA 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 | 78,423,000 | 78,994,000 | 79,951,000 | 83,898,000 |
| Total loans | 46,883,000 | 46,653,000 | 48,790,000 | 49,586,000 |
| Allowance for loan losses | 687,000 | 691,000 | 699,000 | 725,000 |
| Securities available for sale | 23,275,000 | 23,489,000 | 25,226,000 | 25,402,000 |
| Securities held to maturity | 331,000 | 280,000 | 548,000 | 548,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,138,000 | 67,282,000 | 67,723,000 | 71,028,000 |
| Interest-bearing deposits | 57,087,000 | 59,462,000 | 50,146,000 | 59,904,000 |
| Noninterest-bearing deposits | 9,051,000 | 7,820,000 | 17,577,000 | 11,124,000 |
| Equity capital | 7,690,000 | 7,381,000 | 7,784,000 | 8,346,000 |
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 | 1,181,000 | 2,332,000 | 3,539,000 | 4,740,000 |
| Interest expense | 537,000 | 1,047,000 | 1,538,000 | 2,014,000 |
| Net interest income | 644,000 | 1,285,000 | 2,001,000 | 2,726,000 |
| Noninterest income | 68,000 | 130,000 | 199,000 | 266,000 |
| Noninterest expense | 378,000 | 785,000 | 1,175,000 | 1,620,000 |
| Provision for loan losses | 0 | 38,000 | 46,000 | 64,000 |
| Pretax income | 336,000 | 594,000 | 981,000 | 1,310,000 |
| Income tax | 107,000 | 185,000 | 311,000 | 414,000 |
| Net income | 229,000 | 409,000 | 670,000 | 896,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,398,000 | 7,431,000 | 7,697,000 | 7,927,000 |
| Total capital | 8,085,000 | 8,122,000 | 8,396,000 | 8,652,000 |
| Risk-weighted assets | 57,102,000 | 57,406,000 | 58,441,000 | 61,968,000 |