Call reports 2008
FIRST NATIONAL BANK OF ABSECON — 2008
What FIRST NATIONAL BANK OF ABSECON 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 | 138,150,000 | 132,563,000 | 138,289,000 | 137,899,000 |
| Total loans | 54,383,000 | 54,886,000 | 54,243,000 | 55,290,000 |
| Allowance for loan losses | 409,000 | 409,000 | 409,000 | 409,000 |
| Securities available for sale | 63,389,000 | 66,387,000 | 67,193,000 | 70,065,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 4,887,000 | 2,629,000 | 2,628,000 | 2,621,000 |
| Total deposits | 123,031,000 | 119,304,000 | 124,912,000 | 124,711,000 |
| Interest-bearing deposits | 105,396,000 | 103,433,000 | 109,039,000 | 110,127,000 |
| Noninterest-bearing deposits | 17,635,000 | 15,871,000 | 15,873,000 | 14,584,000 |
| Equity capital | 12,465,000 | 11,738,000 | 11,260,000 | 11,169,000 |
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 | 1,720,000 | 3,472,000 | 5,250,000 | 7,066,000 |
| Interest expense | 517,000 | 1,015,000 | 1,496,000 | 1,973,000 |
| Net interest income | 1,203,000 | 2,457,000 | 3,754,000 | 5,093,000 |
| Noninterest income | 82,000 | 159,000 | 238,000 | 310,000 |
| Noninterest expense | 1,120,000 | 2,209,000 | 3,313,000 | 4,387,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 164,000 | 408,000 | 689,000 | 1,039,000 |
| Income tax | 22,000 | 44,000 | 56,000 | 121,000 |
| Net income | 142,000 | 364,000 | 633,000 | 918,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,427,000 | 12,288,000 | 12,557,000 | 11,957,000 |
| Total capital | 12,836,000 | 12,697,000 | 12,966,000 | 12,366,000 |
| Risk-weighted assets | 59,523,000 | 59,404,000 | 60,561,000 | 60,407,000 |