Call reports 2008
STOCKGROWERS STATE BANK — 2008
What STOCKGROWERS STATE 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 | 112,074,000 | 110,814,000 | 111,416,000 | 114,935,000 |
| Total loans | 75,686,000 | 74,258,000 | 77,686,000 | 78,466,000 |
| Allowance for loan losses | 1,237,000 | 1,274,000 | 1,414,000 | 1,478,000 |
| Securities available for sale | 30,249,000 | 29,306,000 | 27,818,000 | 29,754,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 93,174,000 | 94,262,000 | 94,990,000 | 100,718,000 |
| Interest-bearing deposits | 84,844,000 | 83,510,000 | 86,707,000 | 90,522,000 |
| Noninterest-bearing deposits | 8,330,000 | 10,752,000 | 8,283,000 | 10,196,000 |
| Equity capital | 13,057,000 | 12,798,000 | 13,114,000 | 13,731,000 |
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 | 1,792,000 | 3,461,000 | 5,088,000 | 6,645,000 |
| Interest expense | 747,000 | 1,399,000 | 2,014,000 | 2,561,000 |
| Net interest income | 1,045,000 | 2,062,000 | 3,074,000 | 4,084,000 |
| Noninterest income | 77,000 | 161,000 | 247,000 | 349,000 |
| Noninterest expense | 727,000 | 1,465,000 | 2,192,000 | 2,961,000 |
| Provision for loan losses | 30,000 | 60,000 | 60,000 | 110,000 |
| Pretax income | 365,000 | 698,000 | 1,069,000 | 1,362,000 |
| Income tax | 32,000 | 38,000 | 51,000 | 59,000 |
| Net income | 333,000 | 660,000 | 1,018,000 | 1,303,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,329,000 | 12,456,000 | 12,665,000 | 12,839,000 |
| Total capital | 13,421,000 | 13,531,000 | 13,765,000 | 13,952,000 |
| Risk-weighted assets | 87,214,000 | 85,818,000 | 87,677,000 | 88,726,000 |