Call reports 2008
TIPPINS BANK — 2008
What TIPPINS 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 | 58,116,000 | 58,484,000 | 58,849,000 | 63,325,000 |
| Total loans | 37,938,000 | 39,524,000 | 41,270,000 | 41,818,000 |
| Allowance for loan losses | 1,020,000 | 1,088,000 | 1,094,000 | 1,172,000 |
| Securities available for sale | 13,056,000 | 12,944,000 | 12,753,000 | 12,555,000 |
| Securities held to maturity | 3,000 | 2,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,973,000 | 50,572,000 | 49,971,000 | 54,254,000 |
| Interest-bearing deposits | 41,280,000 | 41,159,000 | 41,068,000 | 44,300,000 |
| Noninterest-bearing deposits | 8,693,000 | 9,413,000 | 8,903,000 | 9,954,000 |
| Equity capital | 7,422,000 | 7,352,000 | 7,361,000 | 7,605,000 |
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 | 1,003,000 | 1,965,000 | 2,936,000 | 3,904,000 |
| Interest expense | 376,000 | 703,000 | 996,000 | 1,281,000 |
| Net interest income | 627,000 | 1,262,000 | 1,940,000 | 2,623,000 |
| Noninterest income | 152,000 | 318,000 | 446,000 | 573,000 |
| Noninterest expense | 462,000 | 955,000 | 1,458,000 | 2,021,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 87,000 |
| Pretax income | 314,000 | 619,000 | 919,000 | 1,088,000 |
| Income tax | 104,000 | 217,000 | 323,000 | 415,000 |
| Net income | 210,000 | 402,000 | 596,000 | 673,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,769,000 | 5,883,000 | 6,000,000 | 5,999,000 |
| Total capital | 6,271,000 | 6,399,000 | 6,532,000 | 6,538,000 |
| Risk-weighted assets | 39,648,000 | 40,697,000 | 42,031,000 | 42,519,000 |