Call reports 2008
BIPPUS STATE BANK, THE — 2008
What BIPPUS STATE BANK, THE 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 | 105,485,000 | 107,226,000 | 105,830,000 | 108,025,000 |
| Total loans | 73,158,000 | 76,893,000 | 78,320,000 | 77,507,000 |
| Allowance for loan losses | 580,000 | 617,000 | 719,000 | 794,000 |
| Securities available for sale | 23,437,000 | 21,918,000 | 18,077,000 | 21,742,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,318,000 | 84,572,000 | 82,567,000 | 84,584,000 |
| Interest-bearing deposits | 77,326,000 | 76,345,000 | 74,508,000 | 76,196,000 |
| Noninterest-bearing deposits | 7,992,000 | 8,227,000 | 8,059,000 | 8,387,000 |
| Equity capital | 9,209,000 | 8,719,000 | 8,942,000 | 9,111,000 |
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 | 1,539,000 | 3,101,000 | 4,658,000 | 6,093,000 |
| Interest expense | 708,000 | 1,374,000 | 2,011,000 | 2,607,000 |
| Net interest income | 831,000 | 1,727,000 | 2,647,000 | 3,486,000 |
| Noninterest income | 489,000 | 926,000 | 1,353,000 | 1,728,000 |
| Noninterest expense | 1,091,000 | 2,173,000 | 3,254,000 | 4,324,000 |
| Provision for loan losses | 94,000 | 93,000 | 195,000 | 300,000 |
| Pretax income | 177,000 | 429,000 | 620,000 | 679,000 |
| Income tax | 509,000 | 520,000 | 520,000 | 531,000 |
| Net income | -332,000 | -91,000 | 100,000 | 148,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,318,000 | 8,449,000 | 8,533,000 | 8,481,000 |
| Total capital | 8,898,000 | 9,066,000 | 9,252,000 | 9,275,000 |
| Risk-weighted assets | 75,912,000 | 79,140,000 | 80,953,000 | 80,948,000 |