Call reports 2008
WALDO STATE BANK — 2008
What WALDO 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 | 35,678,000 | 36,380,000 | 36,031,000 | 38,767,000 |
| Total loans | 28,147,000 | 28,141,000 | 28,619,000 | 29,347,000 |
| Allowance for loan losses | 360,000 | 371,000 | 362,000 | 390,000 |
| Securities available for sale | 4,481,000 | 4,632,000 | 4,407,000 | 4,598,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,173,000 | 28,916,000 | 28,507,000 | 31,098,000 |
| Interest-bearing deposits | 25,488,000 | 26,265,000 | 26,077,000 | 28,467,000 |
| Noninterest-bearing deposits | 2,685,000 | 2,651,000 | 2,430,000 | 2,631,000 |
| Equity capital | 5,257,000 | 5,240,000 | 5,314,000 | 5,407,000 |
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 | 557,000 | 1,115,000 | 1,692,000 | 2,255,000 |
| Interest expense | 278,000 | 548,000 | 801,000 | 1,045,000 |
| Net interest income | 279,000 | 567,000 | 891,000 | 1,210,000 |
| Noninterest income | 48,000 | 79,000 | 107,000 | 137,000 |
| Noninterest expense | 203,000 | 393,000 | 619,000 | 797,000 |
| Provision for loan losses | 12,000 | 24,000 | 36,000 | 64,000 |
| Pretax income | 112,000 | 229,000 | 343,000 | 486,000 |
| Income tax | 42,000 | 86,000 | 129,000 | 184,000 |
| Net income | 70,000 | 143,000 | 214,000 | 302,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,188,000 | 5,261,000 | 5,332,000 | 5,340,000 |
| Total capital | 5,478,000 | 5,551,000 | 5,626,000 | 5,652,000 |
| Risk-weighted assets | 23,151,000 | 23,144,000 | 23,488,000 | 24,866,000 |