Call reports 2008
MIDTOWN BANK & TRUST COMPANY — 2008
What MIDTOWN BANK & TRUST COMPANY 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 | 211,822,000 | 204,438,000 | 207,204,000 | 212,574,000 |
| Total loans | 156,688,000 | 156,282,000 | 160,725,000 | 163,655,000 |
| Allowance for loan losses | 1,879,000 | 2,629,000 | 2,764,000 | 3,013,000 |
| Securities available for sale | 43,746,000 | 38,010,000 | 35,307,000 | 35,478,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 157,558,000 | 152,763,000 | 157,899,000 | 163,036,000 |
| Interest-bearing deposits | 146,061,000 | 141,012,000 | 146,681,000 | 152,579,000 |
| Noninterest-bearing deposits | 11,497,000 | 11,751,000 | 11,218,000 | 10,457,000 |
| Equity capital | 25,525,000 | 23,822,000 | 23,397,000 | 23,733,000 |
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 | 3,223,000 | 6,232,000 | 9,196,000 | 11,936,000 |
| Interest expense | 1,975,000 | 3,796,000 | 5,480,000 | 7,172,000 |
| Net interest income | 1,248,000 | 2,436,000 | 3,716,000 | 4,764,000 |
| Noninterest income | 125,000 | -563,000 | -471,000 | -372,000 |
| Noninterest expense | 1,145,000 | 2,271,000 | 3,275,000 | 4,336,000 |
| Provision for loan losses | 200,000 | 1,025,000 | 1,225,000 | 2,400,000 |
| Pretax income | 29,000 | -1,401,000 | -1,233,000 | -2,320,000 |
| Income tax | 14,000 | -528,000 | -468,000 | -940,000 |
| Net income | 15,000 | -873,000 | -765,000 | -1,380,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,954,000 | 24,081,000 | 24,202,000 | 23,591,000 |
| Total capital | 26,833,000 | 26,265,000 | 26,385,000 | 25,793,000 |
| Risk-weighted assets | 177,306,000 | 174,256,000 | 174,091,000 | 175,289,000 |