Call reports 2008
HARVARD STATE BANK, THE — 2008
What HARVARD STATE BANK, THE 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 | 159,257,000 | 161,908,000 | 167,566,000 | 173,265,000 |
| Total loans | 105,977,000 | 110,075,000 | 110,709,000 | 111,274,000 |
| Allowance for loan losses | 1,085,000 | 1,093,000 | 873,000 | 871,000 |
| Securities available for sale | 38,043,000 | 37,378,000 | 39,575,000 | 41,538,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 129,258,000 | 131,529,000 | 136,828,000 | 142,860,000 |
| Interest-bearing deposits | 115,683,000 | 116,719,000 | 123,612,000 | 131,007,000 |
| Noninterest-bearing deposits | 13,575,000 | 14,811,000 | 13,216,000 | 11,853,000 |
| Equity capital | 19,358,000 | 18,831,000 | 18,718,000 | 19,790,000 |
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 | 2,363,000 | 4,710,000 | 7,055,000 | 9,440,000 |
| Interest expense | 1,093,000 | 2,050,000 | 2,998,000 | 3,939,000 |
| Net interest income | 1,270,000 | 2,660,000 | 4,057,000 | 5,501,000 |
| Noninterest income | 335,000 | 632,000 | 912,000 | 1,212,000 |
| Noninterest expense | 1,206,000 | 2,426,000 | 3,650,000 | 4,834,000 |
| Provision for loan losses | 60,000 | 170,000 | 280,000 | 440,000 |
| Pretax income | 379,000 | 795,000 | 1,139,000 | 1,539,000 |
| Income tax | 0 | 0 | 0 | 7,000 |
| Net income | 379,000 | 795,000 | 1,139,000 | 1,532,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,386,000 | 16,585,000 | 16,560,000 | 16,960,000 |
| Total capital | 17,471,000 | 17,678,000 | 17,433,000 | 17,831,000 |
| Risk-weighted assets | 112,639,000 | 114,543,000 | 115,044,000 | 119,632,000 |