Call reports 2008
MORRIS COUNTY NATIONAL BANK — 2008
What MORRIS COUNTY NATIONAL 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 | 81,182,000 | 78,277,000 | 79,896,000 | 80,060,000 |
| Total loans | 44,753,000 | 43,819,000 | 44,457,000 | 43,781,000 |
| Allowance for loan losses | 781,000 | 739,000 | 717,000 | 745,000 |
| Securities available for sale | 20,321,000 | 20,630,000 | 22,772,000 | 22,963,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,471,000 | 71,934,000 | 72,820,000 | 72,612,000 |
| Interest-bearing deposits | 66,188,000 | 63,905,000 | 64,810,000 | 64,519,000 |
| Noninterest-bearing deposits | 8,283,000 | 8,028,000 | 8,010,000 | 8,093,000 |
| Equity capital | 6,231,000 | 5,891,000 | 6,646,000 | 7,012,000 |
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 | 1,263,000 | 2,451,000 | 3,623,000 | 4,761,000 |
| Interest expense | 552,000 | 1,028,000 | 1,465,000 | 1,836,000 |
| Net interest income | 711,000 | 1,423,000 | 2,158,000 | 2,925,000 |
| Noninterest income | 171,000 | 347,000 | 538,000 | 716,000 |
| Noninterest expense | 666,000 | 1,321,000 | 1,999,000 | 2,754,000 |
| Provision for loan losses | 200,000 | 321,000 | 423,000 | 525,000 |
| Pretax income | 5,000 | 138,000 | 284,000 | 365,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 5,000 | 138,000 | 284,000 | 365,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,962,000 | 6,108,000 | 6,557,000 | 6,588,000 |
| Total capital | 6,622,000 | 6,752,000 | 7,216,000 | 7,232,000 |
| Risk-weighted assets | 52,664,000 | 51,326,000 | 52,176,000 | 51,386,000 |