Call reports 2008
BATTLE CREEK STATE BANK — 2008
What BATTLE CREEK 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 | 26,434,000 | 30,082,000 | 28,303,000 | 28,579,000 |
| Total loans | 16,679,000 | 16,615,000 | 17,387,000 | 19,860,000 |
| Allowance for loan losses | 155,000 | 161,000 | 161,000 | 160,000 |
| Securities available for sale | 5,174,000 | 5,505,000 | 4,182,000 | 6,677,000 |
| Securities held to maturity | 2,000 | 2,000 | 1,000 | 1,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,636,000 | 25,749,000 | 23,627,000 | 23,398,000 |
| Interest-bearing deposits | 18,534,000 | 18,233,000 | 17,478,000 | 20,226,000 |
| Noninterest-bearing deposits | 3,102,000 | 7,516,000 | 6,149,000 | 3,172,000 |
| Equity capital | 2,481,000 | 2,536,000 | 2,483,000 | 2,555,000 |
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 | 390,000 | 768,000 | 1,144,000 | 1,514,000 |
| Interest expense | 195,000 | 342,000 | 471,000 | 615,000 |
| Net interest income | 195,000 | 426,000 | 673,000 | 899,000 |
| Noninterest income | 27,000 | 52,000 | 78,000 | 102,000 |
| Noninterest expense | 213,000 | 377,000 | 574,000 | 751,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 9,000 | 101,000 | 177,000 | 250,000 |
| Income tax | 5,000 | 30,000 | 56,000 | 83,000 |
| Net income | 4,000 | 71,000 | 121,000 | 167,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,465,000 | 2,532,000 | 2,502,000 | 2,527,000 |
| Total capital | 2,620,000 | 2,691,000 | 2,663,000 | 2,688,000 |
| Risk-weighted assets | 19,377,000 | 19,763,000 | 20,864,000 | 22,674,000 |