Call reports 2008
MONROE BANK — 2008
What MONROE 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 | 773,107,000 | 774,634,000 | 815,655,000 | 816,754,000 |
| Total loans | 581,956,000 | 602,369,000 | 616,226,000 | 633,091,000 |
| Allowance for loan losses | 7,273,000 | 7,748,000 | 9,397,000 | 11,172,000 |
| Securities available for sale | 132,544,000 | 115,362,000 | 114,430,000 | 116,975,000 |
| Securities held to maturity | 1,006,000 | 1,005,000 | 1,005,000 | 5,054,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 637,276,000 | 623,967,000 | 679,497,000 | 665,317,000 |
| Interest-bearing deposits | 560,513,000 | 544,323,000 | 591,157,000 | 580,862,000 |
| Noninterest-bearing deposits | 76,763,000 | 79,644,000 | 88,340,000 | 84,455,000 |
| Equity capital | 63,861,000 | 63,741,000 | 64,295,000 | 63,487,000 |
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 | 11,443,000 | 21,781,000 | 32,227,000 | 42,335,000 |
| Interest expense | 5,469,000 | 9,941,000 | 14,295,000 | 18,302,000 |
| Net interest income | 5,974,000 | 11,840,000 | 17,932,000 | 24,033,000 |
| Noninterest income | 2,429,000 | 5,058,000 | 7,618,000 | 9,882,000 |
| Noninterest expense | 5,458,000 | 10,805,000 | 16,051,000 | 21,245,000 |
| Provision for loan losses | 880,000 | 1,930,000 | 4,730,000 | 8,880,000 |
| Pretax income | 2,192,000 | 4,728,000 | 5,544,000 | 4,741,000 |
| Income tax | 462,000 | 1,028,000 | 1,011,000 | 317,000 |
| Net income | 1,730,000 | 3,700,000 | 4,533,000 | 4,424,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 62,730,000 | 63,772,000 | 64,614,000 | 62,644,000 |
| Total capital | 70,003,000 | 71,404,000 | 72,491,000 | 70,498,000 |
| Risk-weighted assets | 605,996,000 | 610,481,000 | 628,654,000 | 624,988,000 |