Call reports 2008
FIRST BANK OF LINDEN — 2008
What FIRST BANK OF LINDEN 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 | 97,026,000 | 92,512,000 | 87,913,000 | 84,905,000 |
| Total loans | 56,716,000 | 54,078,000 | 51,106,000 | 47,067,000 |
| Allowance for loan losses | 561,000 | 349,000 | 330,000 | 280,000 |
| Securities available for sale | 17,955,000 | 18,663,000 | 18,298,000 | 18,750,000 |
| Securities held to maturity | 15,778,000 | 12,018,000 | 11,346,000 | 9,691,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,013,000 | 82,877,000 | 77,448,000 | 75,025,000 |
| Interest-bearing deposits | 76,316,000 | 74,052,000 | 68,512,000 | 65,539,000 |
| Noninterest-bearing deposits | 8,697,000 | 8,825,000 | 8,936,000 | 9,486,000 |
| Equity capital | 10,556,000 | 9,138,000 | 9,238,000 | 9,450,000 |
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 | 1,491,000 | 2,768,000 | 4,056,000 | 5,211,000 |
| Interest expense | 783,000 | 1,453,000 | 2,027,000 | 2,544,000 |
| Net interest income | 708,000 | 1,315,000 | 2,029,000 | 2,667,000 |
| Noninterest income | 114,000 | 212,000 | 329,000 | 440,000 |
| Noninterest expense | 503,000 | 988,000 | 1,527,000 | 2,037,000 |
| Provision for loan losses | 94,000 | 339,000 | 372,000 | 382,000 |
| Pretax income | 225,000 | 200,000 | 459,000 | 688,000 |
| Income tax | 69,000 | 122,000 | 122,000 | 142,000 |
| Net income | 156,000 | 78,000 | 337,000 | 546,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,429,000 | 9,152,000 | 9,429,000 | 9,477,000 |
| Total capital | 10,990,000 | 9,501,000 | 9,759,000 | 9,757,000 |
| Risk-weighted assets | 62,976,000 | 59,637,000 | 56,960,000 | 53,641,000 |