Call reports 2008
FIRST CITIZENS BANK OF POLSON, NATIONAL ASSOCIATION — 2008
What FIRST CITIZENS BANK OF POLSON, NATIONAL ASSOCIATION 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 | 34,536,000 | 32,676,000 | 30,381,000 | 30,110,000 |
| Total loans | 30,677,000 | 26,652,000 | 25,028,000 | 25,522,000 |
| Allowance for loan losses | 599,000 | 593,000 | 574,000 | 604,000 |
| Securities available for sale | 584,000 | 772,000 | 774,000 | 686,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,132,000 | 29,033,000 | 26,683,000 | 26,442,000 |
| Interest-bearing deposits | 22,632,000 | 21,792,000 | 20,006,000 | 19,854,000 |
| Noninterest-bearing deposits | 7,500,000 | 7,241,000 | 6,677,000 | 6,588,000 |
| Equity capital | 3,412,000 | 3,520,000 | 3,586,000 | 3,576,000 |
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 | 677,000 | 1,226,000 | 1,734,000 | 2,208,000 |
| Interest expense | 207,000 | 380,000 | 520,000 | 640,000 |
| Net interest income | 470,000 | 846,000 | 1,214,000 | 1,568,000 |
| Noninterest income | 61,000 | 155,000 | 226,000 | 429,000 |
| Noninterest expense | 373,000 | 718,000 | 1,068,000 | 1,427,000 |
| Provision for loan losses | 309,000 | 309,000 | 309,000 | 474,000 |
| Pretax income | -151,000 | -26,000 | 63,000 | 96,000 |
| Income tax | 0 | 8,000 | 32,000 | 33,000 |
| Net income | -151,000 | -34,000 | 31,000 | 63,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,407,000 | 3,522,000 | 3,587,000 | 3,570,000 |
| Total capital | 3,773,000 | 3,860,000 | 3,914,000 | 3,884,000 |
| Risk-weighted assets | 29,118,000 | 26,866,000 | 25,256,000 | 24,768,000 |