Call reports 2008
COMMUNITY NATIONAL BANK — 2008
What COMMUNITY 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 | 91,405,000 | 82,107,000 | 81,232,000 | 56,379,000 |
| Total loans | 64,678,000 | 58,938,000 | 48,603,000 | 32,354,000 |
| Allowance for loan losses | 3,006,000 | 2,371,000 | 1,722,000 | 1,920,000 |
| Securities available for sale | 8,079,000 | 6,526,000 | 8,014,000 | 6,565,000 |
| Securities held to maturity | 290,000 | 290,000 | 223,000 | 202,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,904,000 | 67,440,000 | 67,356,000 | 44,660,000 |
| Interest-bearing deposits | 65,878,000 | 57,819,000 | 58,854,000 | 38,448,000 |
| Noninterest-bearing deposits | 9,025,000 | 9,620,000 | 8,503,000 | 6,212,000 |
| Equity capital | 12,990,000 | 12,246,000 | 11,559,000 | 9,074,000 |
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 | 1,349,000 | 2,463,000 | 3,259,000 | 3,867,000 |
| Interest expense | 732,000 | 1,387,000 | 1,945,000 | 2,447,000 |
| Net interest income | 617,000 | 1,076,000 | 1,314,000 | 1,420,000 |
| Noninterest income | 207,000 | 399,000 | 768,000 | 2,788,000 |
| Noninterest expense | 1,301,000 | 2,655,000 | 3,811,000 | 5,929,000 |
| Provision for loan losses | 0 | 0 | 125,000 | 2,335,000 |
| Pretax income | -477,000 | -1,180,000 | -1,854,000 | -4,056,000 |
| Income tax | 5,000 | 5,000 | 5,000 | 355,000 |
| Net income | -482,000 | -1,185,000 | -1,859,000 | -4,411,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,035,000 | 11,331,000 | 10,657,000 | 9,023,000 |
| Total capital | 13,077,000 | 12,282,000 | 11,520,000 | 9,614,000 |
| Risk-weighted assets | 81,363,000 | 74,652,000 | 68,185,000 | 45,964,000 |