Call reports 2008
MONTROSE SAVINGS BANK — 2008
What MONTROSE SAVINGS 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 | 34,931,000 | 34,860,000 | 34,033,000 | 33,137,000 |
| Total loans | 21,228,000 | 21,970,000 | 22,161,000 | 22,417,000 |
| Allowance for loan losses | 269,000 | 268,000 | 264,000 | 239,000 |
| Securities available for sale | 8,231,000 | 7,815,000 | 7,711,000 | 7,657,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,130,000 | 30,815,000 | 29,867,000 | 28,785,000 |
| Interest-bearing deposits | 26,536,000 | 27,117,000 | 25,823,000 | 25,212,000 |
| Noninterest-bearing deposits | 3,594,000 | 3,698,000 | 4,044,000 | 3,573,000 |
| Equity capital | 4,498,000 | 3,810,000 | 3,928,000 | 4,097,000 |
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 | 513,000 | 1,047,000 | 1,562,000 | 2,060,000 |
| Interest expense | 196,000 | 390,000 | 571,000 | 741,000 |
| Net interest income | 317,000 | 657,000 | 991,000 | 1,319,000 |
| Noninterest income | 49,000 | 86,000 | 115,000 | 145,000 |
| Noninterest expense | 192,000 | 392,000 | 580,000 | 784,000 |
| Provision for loan losses | 6,000 | 6,000 | 6,000 | 6,000 |
| Pretax income | 168,000 | 345,000 | 520,000 | 674,000 |
| Income tax | 65,000 | 133,000 | 197,000 | 237,000 |
| Net income | 103,000 | 212,000 | 323,000 | 437,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,450,000 | 3,830,000 | 3,941,000 | 4,054,000 |
| Total capital | 4,719,000 | 4,098,000 | 4,205,000 | 4,293,000 |
| Risk-weighted assets | 22,324,000 | 23,039,000 | 23,219,000 | 23,085,000 |