Call reports 2008
MAINSTREET BANK — 2008
What MAINSTREET 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 | 83,706,000 | 86,659,000 | 84,440,000 | 88,478,000 |
| Total loans | 64,758,000 | 67,186,000 | 65,789,000 | 69,268,000 |
| Allowance for loan losses | 892,000 | 891,000 | 875,000 | 807,000 |
| Securities available for sale | 10,368,000 | 9,698,000 | 8,864,000 | 8,575,000 |
| Securities held to maturity | 2,641,000 | 3,840,000 | 3,792,000 | 4,147,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,076,000 | 72,518,000 | 70,759,000 | 70,358,000 |
| Interest-bearing deposits | 62,877,000 | 65,976,000 | 64,355,000 | 63,460,000 |
| Noninterest-bearing deposits | 7,199,000 | 6,542,000 | 6,404,000 | 6,898,000 |
| Equity capital | 6,581,000 | 6,653,000 | 6,654,000 | 6,389,000 |
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 | 1,347,000 | 2,608,000 | 3,770,000 | 5,036,000 |
| Interest expense | 632,000 | 1,212,000 | 1,716,000 | 2,178,000 |
| Net interest income | 715,000 | 1,396,000 | 2,054,000 | 2,858,000 |
| Noninterest income | 101,000 | 191,000 | 276,000 | 318,000 |
| Noninterest expense | 615,000 | 1,217,000 | 1,796,000 | 2,487,000 |
| Provision for loan losses | 0 | 0 | 0 | 627,000 |
| Pretax income | 201,000 | 371,000 | 536,000 | 64,000 |
| Income tax | 89,000 | 123,000 | 169,000 | 69,000 |
| Net income | 112,000 | 248,000 | 367,000 | -5,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,201,000 | 6,336,000 | 6,455,000 | 6,024,000 |
| Total capital | 7,015,000 | 7,161,000 | 7,264,000 | 6,831,000 |
| Risk-weighted assets | 64,473,000 | 65,344,000 | 64,660,000 | 68,419,000 |