Call reports 2008
OLD GLORY BANK — 2008
What OLD GLORY 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 | 9,252,000 | 9,799,000 | 9,263,000 | 8,963,000 |
| Total loans | 2,481,000 | 2,756,000 | 2,949,000 | 2,785,000 |
| Allowance for loan losses | 56,000 | 56,000 | 56,000 | 56,000 |
| Securities available for sale | 4,058,000 | 3,648,000 | 3,249,000 | 3,083,000 |
| Securities held to maturity | 600,000 | 600,000 | 702,000 | 602,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 8,425,000 | 9,024,000 | 8,408,000 | 8,133,000 |
| Interest-bearing deposits | 3,983,000 | 4,155,000 | 3,903,000 | 3,675,000 |
| Noninterest-bearing deposits | 4,442,000 | 4,869,000 | 4,505,000 | 4,458,000 |
| Equity capital | 718,000 | 688,000 | 706,000 | 735,000 |
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 | 115,000 | 230,000 | 344,000 | 454,000 |
| Interest expense | 22,000 | 42,000 | 59,000 | 72,000 |
| Net interest income | 93,000 | 188,000 | 285,000 | 382,000 |
| Noninterest income | 23,000 | 52,000 | 77,000 | 103,000 |
| Noninterest expense | 101,000 | 212,000 | 316,000 | 436,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 17,000 | 30,000 | 48,000 | 51,000 |
| Income tax | 11,000 | 11,000 | 10,000 | 19,000 |
| Net income | 6,000 | 19,000 | 38,000 | 32,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 646,000 | 659,000 | 678,000 | 672,000 |
| Total capital | 698,000 | 707,000 | 726,000 | 718,000 |
| Risk-weighted assets | 4,189,000 | 3,810,000 | 3,830,000 | 3,682,000 |