Call reports 2008
OLDTOWN BANK — 2008
What OLDTOWN 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 | 21,182,000 | 19,896,000 | 28,199,000 | 38,452,000 |
| Total loans | 7,122,000 | 11,965,000 | 18,173,000 | 23,450,000 |
| Allowance for loan losses | 72,000 | 120,000 | 182,000 | 249,000 |
| Securities available for sale | 5,180,000 | 4,726,000 | 6,569,000 | 10,466,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 9,297,000 | 8,313,000 | 14,888,000 | 23,122,000 |
| Interest-bearing deposits | 8,851,000 | 7,782,000 | 14,114,000 | 22,420,000 |
| Noninterest-bearing deposits | 446,000 | 531,000 | 774,000 | 702,000 |
| Equity capital | 11,867,000 | 11,406,000 | 11,096,000 | 11,067,000 |
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 | 237,000 | 490,000 | 807,000 | 1,261,000 |
| Interest expense | 95,000 | 183,000 | 294,000 | 455,000 |
| Net interest income | 142,000 | 307,000 | 513,000 | 806,000 |
| Noninterest income | 7,000 | 16,000 | 23,000 | 34,000 |
| Noninterest expense | 347,000 | 745,000 | 1,184,000 | 1,617,000 |
| Provision for loan losses | 39,000 | 91,000 | 155,000 | 222,000 |
| Pretax income | -237,000 | -513,000 | -803,000 | -999,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -237,000 | -513,000 | -803,000 | -999,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,810,000 | 11,534,000 | 11,244,000 | 11,048,000 |
| Total capital | 11,882,000 | 11,654,000 | 11,426,000 | 11,297,000 |
| Risk-weighted assets | 10,943,000 | 14,456,000 | 21,073,000 | 26,780,000 |