Call reports 2008
SKOWHEGAN SAVINGS BANK — 2008
What SKOWHEGAN 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 | 389,239,000 | 404,455,000 | 414,830,000 | 438,585,000 |
| Total loans | 264,539,000 | 264,140,000 | 261,056,000 | 269,436,000 |
| Allowance for loan losses | 3,377,000 | 3,245,000 | 2,666,000 | 2,776,000 |
| Securities available for sale | 88,622,000 | 106,746,000 | 120,714,000 | 136,058,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 279,993,000 | 280,206,000 | 275,308,000 | 272,804,000 |
| Interest-bearing deposits | 250,525,000 | 249,686,000 | 244,477,000 | 242,812,000 |
| Noninterest-bearing deposits | 29,468,000 | 30,520,000 | 30,831,000 | 29,992,000 |
| Equity capital | 54,123,000 | 52,772,000 | 52,589,000 | 55,150,000 |
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 | 5,443,000 | 10,932,000 | 16,648,000 | 22,581,000 |
| Interest expense | 2,563,000 | 4,982,000 | 7,428,000 | 9,902,000 |
| Net interest income | 2,880,000 | 5,950,000 | 9,220,000 | 12,679,000 |
| Noninterest income | 285,000 | 678,000 | 1,087,000 | 1,505,000 |
| Noninterest expense | 2,988,000 | 5,889,000 | 8,771,000 | 11,560,000 |
| Provision for loan losses | 0 | 0 | 0 | -40,000 |
| Pretax income | 184,000 | -97,000 | -314,000 | -109,000 |
| Income tax | -3,000 | -241,000 | -317,000 | -434,000 |
| Net income | 187,000 | 144,000 | 3,000 | 325,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,915,000 | 51,871,000 | 51,731,000 | 52,052,000 |
| Total capital | 55,131,000 | 55,087,000 | 55,032,000 | 55,339,000 |
| Risk-weighted assets | 250,469,000 | 252,673,000 | 255,956,000 | 269,418,000 |