Call reports 2008
BANK OF PONTIAC — 2008
What BANK OF PONTIAC 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 | 266,323,000 | 269,595,000 | 275,463,000 | 293,106,000 |
| Total loans | 182,130,000 | 184,875,000 | 184,917,000 | 182,917,000 |
| Allowance for loan losses | 2,697,000 | 2,724,000 | 2,863,000 | 3,099,000 |
| Securities available for sale | 66,827,000 | 63,285,000 | 65,574,000 | 71,552,000 |
| Securities held to maturity | 188,000 | 188,000 | 188,000 | 188,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 216,205,000 | 222,508,000 | 225,936,000 | 244,463,000 |
| Interest-bearing deposits | 186,197,000 | 190,966,000 | 192,195,000 | 211,633,000 |
| Noninterest-bearing deposits | 30,008,000 | 31,542,000 | 33,741,000 | 32,830,000 |
| Equity capital | 36,347,000 | 35,509,000 | 36,325,000 | 37,124,000 |
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 | 4,098,000 | 8,106,000 | 12,134,000 | 16,047,000 |
| Interest expense | 1,621,000 | 3,052,000 | 4,436,000 | 5,760,000 |
| Net interest income | 2,477,000 | 5,054,000 | 7,698,000 | 10,287,000 |
| Noninterest income | 499,000 | 1,025,000 | 1,583,000 | 2,372,000 |
| Noninterest expense | 1,649,000 | 3,338,000 | 4,855,000 | 6,470,000 |
| Provision for loan losses | 160,000 | 320,000 | 550,000 | 1,050,000 |
| Pretax income | 1,207,000 | 2,498,000 | 3,953,000 | 5,216,000 |
| Income tax | 399,000 | 835,000 | 1,341,000 | 1,601,000 |
| Net income | 808,000 | 1,663,000 | 2,612,000 | 3,615,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,945,000 | 36,175,000 | 36,499,000 | 36,877,000 |
| Total capital | 38,088,000 | 38,357,000 | 38,692,000 | 39,104,000 |
| Risk-weighted assets | 170,904,000 | 174,052,000 | 174,807,000 | 177,284,000 |