Call reports 2008
COUNTRYSIDE BANK — 2008
What COUNTRYSIDE 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 | 58,923,000 | 58,480,000 | 56,753,000 | 56,806,000 |
| Total loans | 35,781,000 | 36,956,000 | 39,429,000 | 37,691,000 |
| Allowance for loan losses | 465,000 | 457,000 | 503,000 | 584,000 |
| Securities available for sale | 10,722,000 | 12,641,000 | 10,362,000 | 9,988,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,554,000 | 50,022,000 | 48,011,000 | 48,224,000 |
| Interest-bearing deposits | 43,013,000 | 42,655,000 | 40,894,000 | 40,044,000 |
| Noninterest-bearing deposits | 7,541,000 | 7,367,000 | 7,117,000 | 8,180,000 |
| Equity capital | 8,012,000 | 8,083,000 | 8,298,000 | 8,310,000 |
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 | 819,000 | 1,593,000 | 2,378,000 | 3,162,000 |
| Interest expense | 351,000 | 673,000 | 948,000 | 1,177,000 |
| Net interest income | 468,000 | 920,000 | 1,430,000 | 1,985,000 |
| Noninterest income | 150,000 | 325,000 | 568,000 | 947,000 |
| Noninterest expense | 431,000 | 837,000 | 1,283,000 | 1,922,000 |
| Provision for loan losses | 0 | 0 | 50,000 | 600,000 |
| Pretax income | 187,000 | 408,000 | 665,000 | 410,000 |
| Income tax | 55,000 | 111,000 | 181,000 | 78,000 |
| Net income | 132,000 | 297,000 | 484,000 | 332,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,712,000 | 7,880,000 | 8,073,000 | 7,925,000 |
| Total capital | 8,176,000 | 8,337,000 | 8,561,000 | 8,400,000 |
| Risk-weighted assets | 37,130,000 | 37,977,000 | 39,010,000 | 37,927,000 |