Call reports 2008
BANK CMG — 2008
What BANK CMG 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 | 70,472,000 | 67,769,000 | 76,128,000 | 81,734,000 |
| Total loans | 38,259,000 | 45,575,000 | 55,629,000 | 56,399,000 |
| Allowance for loan losses | 385,000 | 455,000 | 555,000 | 695,000 |
| Securities available for sale | 7,255,000 | 6,709,000 | 6,341,000 | 5,805,000 |
| Securities held to maturity | 685,000 | 685,000 | 455,000 | 455,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,284,000 | 42,724,000 | 50,353,000 | 54,878,000 |
| Interest-bearing deposits | 39,891,000 | 34,612,000 | 44,044,000 | 46,084,000 |
| Noninterest-bearing deposits | 6,393,000 | 8,112,000 | 6,309,000 | 8,794,000 |
| Equity capital | 18,553,000 | 18,519,000 | 18,553,000 | 18,704,000 |
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 | 841,000 | 1,652,000 | 2,587,000 | 3,520,000 |
| Interest expense | 321,000 | 601,000 | 912,000 | 1,242,000 |
| Net interest income | 520,000 | 1,051,000 | 1,675,000 | 2,278,000 |
| Noninterest income | 123,000 | 193,000 | 273,000 | 370,000 |
| Noninterest expense | 492,000 | 1,019,000 | 1,509,000 | 1,898,000 |
| Provision for loan losses | 43,000 | 113,000 | 213,000 | 353,000 |
| Pretax income | 108,000 | 123,000 | 237,000 | 413,000 |
| Income tax | -4,000 | -35,000 | 44,000 | 107,000 |
| Net income | 112,000 | 158,000 | 193,000 | 306,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,314,000 | 9,392,000 | 9,425,000 | 9,562,000 |
| Total capital | 9,699,000 | 9,847,000 | 9,980,000 | 10,257,000 |
| Risk-weighted assets | 46,376,000 | 51,000,000 | 61,081,000 | 63,063,000 |