Call reports 2008
MID AMERICA BANK — 2008
What MID AMERICA 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 | 38,373,000 | 38,273,000 | 44,768,000 | 51,174,000 |
| Total loans | 29,037,000 | 26,132,000 | 25,229,000 | 28,465,000 |
| Allowance for loan losses | 265,000 | 234,000 | 240,000 | 307,000 |
| Securities available for sale | 5,530,000 | 8,029,000 | 7,790,000 | 7,530,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,694,000 | 33,282,000 | 33,413,000 | 39,627,000 |
| Interest-bearing deposits | 26,984,000 | 27,271,000 | 27,141,000 | 33,079,000 |
| Noninterest-bearing deposits | 5,710,000 | 6,011,000 | 6,272,000 | 6,548,000 |
| Equity capital | 3,495,000 | 3,295,000 | 9,691,000 | 9,980,000 |
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 | 595,000 | 1,136,000 | 452,000 | 1,068,000 |
| Interest expense | 253,000 | 486,000 | 184,000 | 414,000 |
| Net interest income | 342,000 | 650,000 | 268,000 | 654,000 |
| Noninterest income | 42,000 | 38,000 | 39,000 | 89,000 |
| Noninterest expense | 415,000 | 811,000 | 360,000 | 891,000 |
| Provision for loan losses | 0 | 0 | 0 | 100,000 |
| Pretax income | -31,000 | -123,000 | -53,000 | -248,000 |
| Income tax | 1,000 | 2,000 | 0 | 1,000 |
| Net income | -32,000 | -125,000 | -53,000 | -249,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,525,000 | 3,433,000 | 5,807,000 | 6,128,000 |
| Total capital | 3,790,000 | 3,704,000 | 6,067,000 | 6,435,000 |
| Risk-weighted assets | 26,157,000 | 24,203,000 | 24,699,000 | 29,146,000 |