Call reports 2008
OLD FORGE BANK — 2008
What OLD FORGE BANK 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 | 221,912,000 | 216,180,000 | 217,840,000 | 223,262,000 |
| Total loans | 159,059,000 | 160,399,000 | 162,816,000 | 169,789,000 |
| Allowance for loan losses | 1,930,000 | 1,997,000 | 1,413,000 | 1,428,000 |
| Securities available for sale | 41,860,000 | 41,451,000 | 39,789,000 | 39,347,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 186,683,000 | 175,214,000 | 183,017,000 | 180,457,000 |
| Interest-bearing deposits | 157,625,000 | 145,496,000 | 153,278,000 | 153,044,000 |
| Noninterest-bearing deposits | 29,058,000 | 29,718,000 | 29,739,000 | 27,413,000 |
| Equity capital | 34,102,000 | 33,782,000 | 33,770,000 | 33,479,000 |
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 | 3,061,000 | 6,019,000 | 8,993,000 | 11,996,000 |
| Interest expense | 1,176,000 | 2,293,000 | 3,345,000 | 4,408,000 |
| Net interest income | 1,885,000 | 3,726,000 | 5,648,000 | 7,588,000 |
| Noninterest income | 201,000 | 380,000 | 562,000 | 780,000 |
| Noninterest expense | 1,234,000 | 2,500,000 | 3,733,000 | 5,003,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 300,000 |
| Pretax income | 780,000 | 1,474,000 | 2,266,000 | 3,085,000 |
| Income tax | 150,000 | 289,000 | 443,000 | 565,000 |
| Net income | 630,000 | 1,185,000 | 1,823,000 | 2,520,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,737,000 | 34,024,000 | 34,479,000 | 34,212,000 |
| Total capital | 35,667,000 | 36,021,000 | 35,892,000 | 35,640,000 |
| Risk-weighted assets | 161,455,000 | 161,655,000 | 162,248,000 | 168,384,000 |