Call reports 2008
LORRAINE STATE BANK — 2008
What LORRAINE STATE 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 | 16,835,000 | 17,711,000 | 17,347,000 | 17,410,000 |
| Total loans | 10,306,000 | 11,126,000 | 10,700,000 | 11,165,000 |
| Allowance for loan losses | 114,000 | 114,000 | 113,000 | 113,000 |
| Securities available for sale | 2,801,000 | 2,958,000 | 3,215,000 | 2,583,000 |
| Securities held to maturity | 1,666,000 | 1,781,000 | 1,904,000 | 2,011,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 14,948,000 | 15,798,000 | 15,376,000 | 15,187,000 |
| Interest-bearing deposits | 12,462,000 | 10,318,000 | 13,173,000 | 12,970,000 |
| Noninterest-bearing deposits | 2,486,000 | 5,480,000 | 2,203,000 | 2,217,000 |
| Equity capital | 1,773,000 | 1,790,000 | 1,835,000 | 1,893,000 |
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 | 240,000 | 484,000 | 727,000 | 965,000 |
| Interest expense | 105,000 | 202,000 | 290,000 | 369,000 |
| Net interest income | 135,000 | 282,000 | 437,000 | 596,000 |
| Noninterest income | 6,000 | 10,000 | 17,000 | 23,000 |
| Noninterest expense | 92,000 | 192,000 | 290,000 | 443,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 49,000 | 100,000 | 164,000 | 176,000 |
| Income tax | 9,000 | 23,000 | 41,000 | 32,000 |
| Net income | 40,000 | 77,000 | 123,000 | 144,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,743,000 | 1,780,000 | 1,825,000 | 1,846,000 |
| Total capital | 1,857,000 | 1,894,000 | 1,938,000 | 1,959,000 |
| Risk-weighted assets | 12,100,000 | 12,987,000 | 12,478,000 | 12,822,000 |