Call reports 2008
PROSPERITY BANK — 2008
What PROSPERITY 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 | 1,077,020,000 | 1,026,961,000 | 1,010,339,000 | 1,097,893,000 |
| Total loans | 727,990,000 | 724,100,000 | 718,911,000 | 719,799,000 |
| Allowance for loan losses | 9,085,000 | 11,064,000 | 7,352,000 | 16,249,000 |
| Securities available for sale | 264,345,000 | 212,680,000 | 174,023,000 | 203,154,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 773,090,000 | 720,593,000 | 736,238,000 | 825,737,000 |
| Interest-bearing deposits | 650,125,000 | 598,944,000 | 620,606,000 | 719,083,000 |
| Noninterest-bearing deposits | 122,965,000 | 121,649,000 | 115,632,000 | 106,654,000 |
| Equity capital | 73,118,000 | 63,944,000 | 61,616,000 | 61,135,000 |
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 | 16,398,000 | 31,650,000 | 46,509,000 | 60,680,000 |
| Interest expense | 8,259,000 | 14,912,000 | 21,176,000 | 28,451,000 |
| Net interest income | 8,139,000 | 16,738,000 | 25,333,000 | 32,229,000 |
| Noninterest income | 1,951,000 | 3,791,000 | 5,094,000 | 7,689,000 |
| Noninterest expense | 6,852,000 | 14,318,000 | 21,691,000 | 30,621,000 |
| Provision for loan losses | 1,651,000 | 5,056,000 | 9,644,000 | 25,082,000 |
| Pretax income | 1,722,000 | -1,208,000 | -3,243,000 | -15,206,000 |
| Income tax | 0 | 0 | 746,000 | -5,551,000 |
| Net income | 1,722,000 | -1,208,000 | -3,989,000 | -9,655,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 72,799,000 | 69,115,000 | 68,108,000 | 57,064,000 |
| Total capital | 86,884,000 | 83,758,000 | 80,460,000 | 71,459,000 |
| Risk-weighted assets | 785,976,000 | 770,015,000 | 751,064,000 | 749,970,000 |