Call reports 2008
FAIRFAX STATE SAVINGS BANK — 2008
What FAIRFAX STATE SAVINGS 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 | 109,127,000 | 112,467,000 | 118,340,000 | 115,279,000 |
| Total loans | 58,227,000 | 59,895,000 | 59,891,000 | 59,307,000 |
| Allowance for loan losses | 561,000 | 631,000 | 684,000 | 773,000 |
| Securities available for sale | 43,306,000 | 43,161,000 | 44,282,000 | 47,732,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 92,389,000 | 95,935,000 | 102,294,000 | 100,541,000 |
| Interest-bearing deposits | 82,218,000 | 85,112,000 | 90,591,000 | 88,653,000 |
| Noninterest-bearing deposits | 10,171,000 | 10,823,000 | 11,703,000 | 11,888,000 |
| Equity capital | 16,201,000 | 15,936,000 | 15,450,000 | 14,243,000 |
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 | 1,544,000 | 3,132,000 | 4,762,000 | 6,437,000 |
| Interest expense | 748,000 | 1,485,000 | 2,227,000 | 2,972,000 |
| Net interest income | 796,000 | 1,647,000 | 2,535,000 | 3,465,000 |
| Noninterest income | 79,000 | 181,000 | 282,000 | 392,000 |
| Noninterest expense | 516,000 | 1,062,000 | 1,598,000 | 2,241,000 |
| Provision for loan losses | 75,000 | 175,000 | 275,000 | 375,000 |
| Pretax income | 284,000 | 591,000 | 944,000 | 1,241,000 |
| Income tax | 14,000 | 29,000 | 48,000 | 60,000 |
| Net income | 270,000 | 562,000 | 896,000 | 1,181,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,911,000 | 16,202,000 | 16,536,000 | 16,392,000 |
| Total capital | 16,472,000 | 16,833,000 | 17,220,000 | 17,165,000 |
| Risk-weighted assets | 72,451,000 | 75,675,000 | 85,816,000 | 84,402,000 |