Call reports 2008
IAB FINANCIAL BANK — 2008
What IAB FINANCIAL 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 | 567,654,000 | 567,505,000 | 571,099,000 | 598,543,000 |
| Total loans | 421,570,000 | 427,517,000 | 432,121,000 | 429,820,000 |
| Allowance for loan losses | 4,854,000 | 4,846,000 | 4,945,000 | 4,960,000 |
| Securities available for sale | 92,273,000 | 94,800,000 | 95,547,000 | 95,264,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 378,424,000 | 358,090,000 | 384,018,000 | 407,937,000 |
| Interest-bearing deposits | 313,033,000 | 277,778,000 | 316,187,000 | 341,694,000 |
| Noninterest-bearing deposits | 65,391,000 | 80,312,000 | 67,831,000 | 66,243,000 |
| Equity capital | 48,102,000 | 46,753,000 | 48,464,000 | 50,167,000 |
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 | 8,438,000 | 16,305,000 | 24,364,000 | 32,087,000 |
| Interest expense | 3,986,000 | 7,365,000 | 10,731,000 | 14,010,000 |
| Net interest income | 4,452,000 | 8,940,000 | 13,633,000 | 18,077,000 |
| Noninterest income | 925,000 | 1,834,000 | 2,305,000 | 3,353,000 |
| Noninterest expense | 2,950,000 | 5,962,000 | 8,902,000 | 11,852,000 |
| Provision for loan losses | 115,000 | 245,000 | 340,000 | 500,000 |
| Pretax income | 2,312,000 | 4,567,000 | 6,696,000 | 9,078,000 |
| Income tax | 653,000 | 1,295,000 | 1,927,000 | 2,599,000 |
| Net income | 1,659,000 | 3,272,000 | 4,769,000 | 6,479,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,699,000 | 47,016,000 | 48,090,000 | 49,100,000 |
| Total capital | 51,553,000 | 51,862,000 | 53,035,000 | 54,060,000 |
| Risk-weighted assets | 447,730,000 | 455,776,000 | 462,197,000 | 465,097,000 |