Call reports 2008
STATE BANK OF SAUNEMIN — 2008
What STATE BANK OF SAUNEMIN 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 | 25,988,000 | 25,828,000 | 26,064,000 | 26,096,000 |
| Total loans | 12,586,000 | 12,587,000 | 13,520,000 | 11,647,000 |
| Allowance for loan losses | 199,000 | 202,000 | 203,000 | 203,000 |
| Securities available for sale | 10,131,000 | 10,043,000 | 9,868,000 | 10,511,000 |
| Securities held to maturity | 628,000 | 529,000 | 530,000 | 795,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,389,000 | 23,391,000 | 22,930,000 | 22,839,000 |
| Interest-bearing deposits | 20,179,000 | 19,804,000 | 19,493,000 | 19,747,000 |
| Noninterest-bearing deposits | 3,210,000 | 3,587,000 | 3,437,000 | 3,092,000 |
| Equity capital | 2,455,000 | 2,304,000 | 2,387,000 | 2,641,000 |
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 | 364,000 | 719,000 | 1,074,000 | 1,434,000 |
| Interest expense | 156,000 | 296,000 | 429,000 | 532,000 |
| Net interest income | 208,000 | 423,000 | 645,000 | 902,000 |
| Noninterest income | 22,000 | 41,000 | 63,000 | 85,000 |
| Noninterest expense | 160,000 | 306,000 | 455,000 | 634,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 68,000 | 156,000 | 251,000 | 351,000 |
| Income tax | 0 | 0 | 0 | 2,000 |
| Net income | 68,000 | 156,000 | 251,000 | 349,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,292,000 | 2,325,000 | 2,390,000 | 2,488,000 |
| Total capital | 2,478,000 | 2,512,000 | 2,586,000 | 2,666,000 |
| Risk-weighted assets | 14,849,000 | 14,971,000 | 15,682,000 | 14,219,000 |