Call reports 2008
STOCK EXCHANGE BANK, THE — 2008
What STOCK EXCHANGE BANK, 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 | 152,627,000 | 156,854,000 | 154,383,000 | 158,996,000 |
| Total loans | 59,892,000 | 65,308,000 | 72,962,000 | 75,657,000 |
| Allowance for loan losses | 610,000 | 597,000 | 544,000 | 672,000 |
| Securities available for sale | 25,339,000 | 21,878,000 | 19,598,000 | 20,677,000 |
| Securities held to maturity | 40,789,000 | 44,893,000 | 43,420,000 | 40,229,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 130,437,000 | 134,518,000 | 131,361,000 | 136,717,000 |
| Interest-bearing deposits | 103,430,000 | 105,076,000 | 102,623,000 | 107,716,000 |
| Noninterest-bearing deposits | 27,007,000 | 29,442,000 | 28,738,000 | 29,001,000 |
| Equity capital | 21,153,000 | 21,409,000 | 21,995,000 | 21,596,000 |
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 | 1,875,000 | 3,655,000 | 5,575,000 | 7,425,000 |
| Interest expense | 552,000 | 1,050,000 | 1,530,000 | 1,957,000 |
| Net interest income | 1,323,000 | 2,605,000 | 4,045,000 | 5,468,000 |
| Noninterest income | 374,000 | 745,000 | 1,152,000 | 1,535,000 |
| Noninterest expense | 1,083,000 | 2,120,000 | 3,150,000 | 4,355,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 200,000 |
| Pretax income | 599,000 | 1,200,000 | 2,002,000 | 2,448,000 |
| Income tax | 180,000 | 360,000 | 560,000 | 600,000 |
| Net income | 419,000 | 840,000 | 1,442,000 | 1,848,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,870,000 | 21,291,000 | 21,893,000 | 21,359,000 |
| Total capital | 21,480,000 | 21,888,000 | 22,437,000 | 22,031,000 |
| Risk-weighted assets | 83,222,000 | 87,689,000 | 93,641,000 | 96,428,000 |