Call reports 2008
WILLIAMSTOWN BANK, INC. — 2008
What WILLIAMSTOWN BANK, INC. 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 | 102,818,000 | 104,209,000 | 99,487,000 | 100,686,000 |
| Total loans | 73,580,000 | 75,387,000 | 76,927,000 | 78,014,000 |
| Allowance for loan losses | 787,000 | 779,000 | 776,000 | 760,000 |
| Securities available for sale | 11,767,000 | 12,570,000 | 12,537,000 | 13,514,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 91,091,000 | 92,421,000 | 88,233,000 | 89,203,000 |
| Interest-bearing deposits | 76,816,000 | 78,390,000 | 75,503,000 | 76,089,000 |
| Noninterest-bearing deposits | 14,275,000 | 14,031,000 | 12,730,000 | 13,114,000 |
| Equity capital | 11,246,000 | 11,293,000 | 10,864,000 | 11,237,000 |
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 | 1,584,000 | 3,176,000 | 4,810,000 | 6,412,000 |
| Interest expense | 633,000 | 1,278,000 | 1,892,000 | 2,480,000 |
| Net interest income | 951,000 | 1,898,000 | 2,918,000 | 3,932,000 |
| Noninterest income | 187,000 | 368,000 | 591,000 | 780,000 |
| Noninterest expense | 791,000 | 1,569,000 | 2,352,000 | 3,144,000 |
| Provision for loan losses | 23,000 | 48,000 | 86,000 | 123,000 |
| Pretax income | 332,000 | 658,000 | 600,000 | 1,005,000 |
| Income tax | 115,000 | 162,000 | 264,000 | 200,000 |
| Net income | 217,000 | 496,000 | 336,000 | 805,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,055,000 | 11,225,000 | 11,129,000 | 11,486,000 |
| Total capital | 11,842,000 | 12,004,000 | 11,905,000 | 12,246,000 |
| Risk-weighted assets | 78,307,000 | 83,462,000 | 80,762,000 | 80,521,000 |