Call reports 2008
STATE BANK OF FARIBAULT, THE — 2008
What STATE BANK OF FARIBAULT, THE 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 | 172,166,000 | 170,253,000 | 168,014,000 | 172,879,000 |
| Total loans | 97,984,000 | 95,109,000 | 94,610,000 | 95,748,000 |
| Allowance for loan losses | 1,659,000 | 1,819,000 | 1,798,000 | 1,639,000 |
| Securities available for sale | 54,229,000 | 49,892,000 | 56,641,000 | 53,311,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 147,145,000 | 149,421,000 | 146,201,000 | 151,128,000 |
| Interest-bearing deposits | 128,150,000 | 129,172,000 | 125,290,000 | 130,446,000 |
| Noninterest-bearing deposits | 18,995,000 | 20,249,000 | 20,911,000 | 20,682,000 |
| Equity capital | 17,649,000 | 16,096,000 | 16,653,000 | 17,929,000 |
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 | 2,722,000 | 5,305,000 | 7,864,000 | 10,291,000 |
| Interest expense | 1,147,000 | 2,144,000 | 3,059,000 | 3,911,000 |
| Net interest income | 1,575,000 | 3,161,000 | 4,805,000 | 6,380,000 |
| Noninterest income | 333,000 | 682,000 | 1,116,000 | 1,501,000 |
| Noninterest expense | 1,437,000 | 2,780,000 | 4,223,000 | 5,534,000 |
| Provision for loan losses | 156,000 | 263,000 | 269,000 | 275,000 |
| Pretax income | 358,000 | 844,000 | 1,473,000 | 1,479,000 |
| Income tax | 5,000 | 5,000 | 5,000 | 5,000 |
| Net income | 353,000 | 839,000 | 1,468,000 | 1,474,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,896,000 | 17,982,000 | 18,336,000 | 18,342,000 |
| Total capital | 19,439,000 | 19,520,000 | 19,869,000 | 19,929,000 |
| Risk-weighted assets | 123,293,000 | 122,720,000 | 122,937,000 | 126,909,000 |