Call reports 2008
COMMERCIAL STATE BANK OF WATERLOO — 2008
What COMMERCIAL STATE BANK OF WATERLOO 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 | 143,860,000 | 139,699,000 | 122,835,000 | 113,309,000 |
| Total loans | 97,207,000 | 89,376,000 | 83,348,000 | 79,746,000 |
| Allowance for loan losses | 1,612,000 | 1,488,000 | 1,228,000 | 1,083,000 |
| Securities available for sale | 32,184,000 | 32,267,000 | 18,156,000 | 18,847,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 125,783,000 | 122,256,000 | 105,728,000 | 97,812,000 |
| Interest-bearing deposits | 111,565,000 | 107,054,000 | 91,124,000 | 83,918,000 |
| Noninterest-bearing deposits | 14,218,000 | 15,202,000 | 14,604,000 | 13,894,000 |
| Equity capital | 9,434,000 | 8,931,000 | 7,647,000 | 6,384,000 |
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 | 2,047,000 | 3,927,000 | 5,678,000 | 7,218,000 |
| Interest expense | 1,107,000 | 2,147,000 | 2,941,000 | 3,564,000 |
| Net interest income | 940,000 | 1,780,000 | 2,737,000 | 3,654,000 |
| Noninterest income | 114,000 | 325,000 | 428,000 | 423,000 |
| Noninterest expense | 1,032,000 | 2,098,000 | 3,293,000 | 4,385,000 |
| Provision for loan losses | 1,037,000 | 1,641,000 | 2,272,000 | 2,426,000 |
| Pretax income | -1,015,000 | -1,634,000 | -2,400,000 | -4,730,000 |
| Income tax | -403,000 | -403,000 | -466,000 | -466,000 |
| Net income | -612,000 | -1,231,000 | -1,934,000 | -4,264,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,961,000 | 9,341,000 | 8,652,000 | 6,321,000 |
| Total capital | 11,119,000 | 10,432,000 | 9,674,000 | 7,239,000 |
| Risk-weighted assets | 92,149,000 | 86,833,000 | 80,788,000 | 72,500,000 |