Call reports 2008
FLAGSHIP BANK WINSTED — 2008
What FLAGSHIP BANK WINSTED 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 | 40,238,000 | 42,005,000 | 45,405,000 | 44,161,000 |
| Total loans | 23,779,000 | 26,237,000 | 29,183,000 | 30,379,000 |
| Allowance for loan losses | 362,000 | 374,000 | 360,000 | 333,000 |
| Securities available for sale | 7,294,000 | 6,534,000 | 6,536,000 | 4,919,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,993,000 | 30,942,000 | 32,928,000 | 34,080,000 |
| Interest-bearing deposits | 23,518,000 | 23,368,000 | 25,463,000 | 26,164,000 |
| Noninterest-bearing deposits | 7,475,000 | 7,574,000 | 7,465,000 | 7,916,000 |
| Equity capital | 4,253,000 | 4,263,000 | 4,409,000 | 4,397,000 |
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 | 579,000 | 1,112,000 | 1,680,000 | 2,225,000 |
| Interest expense | 205,000 | 388,000 | 581,000 | 767,000 |
| Net interest income | 374,000 | 724,000 | 1,099,000 | 1,458,000 |
| Noninterest income | 354,000 | 772,000 | 1,037,000 | 1,378,000 |
| Noninterest expense | 550,000 | 1,194,000 | 1,688,000 | 2,273,000 |
| Provision for loan losses | 10,000 | 25,000 | 35,000 | 40,000 |
| Pretax income | 168,000 | 277,000 | 413,000 | 523,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | 168,000 | 276,000 | 412,000 | 522,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,520,000 | 3,636,000 | 3,738,000 | 3,657,000 |
| Total capital | 3,869,000 | 4,010,000 | 4,098,000 | 3,990,000 |
| Risk-weighted assets | 27,908,000 | 30,424,000 | 33,669,000 | 32,597,000 |