Call reports 2008
FIRST NATIONAL BANK OF SOUTH CAROLINA — 2008
What FIRST NATIONAL BANK OF SOUTH CAROLINA 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 | 167,569,000 | 161,523,000 | 155,143,000 | 155,279,000 |
| Total loans | 87,614,000 | 90,024,000 | 89,940,000 | 90,868,000 |
| Allowance for loan losses | 1,078,000 | 957,000 | 1,037,000 | 1,071,000 |
| Securities available for sale | 40,096,000 | 42,540,000 | 39,378,000 | 40,235,000 |
| Securities held to maturity | 100,000 | 100,000 | 100,000 | 100,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 137,956,000 | 132,928,000 | 126,516,000 | 126,794,000 |
| Interest-bearing deposits | 108,687,000 | 106,553,000 | 100,456,000 | 102,216,000 |
| Noninterest-bearing deposits | 29,269,000 | 26,375,000 | 26,060,000 | 24,578,000 |
| Equity capital | 24,387,000 | 24,052,000 | 23,854,000 | 23,783,000 |
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 | 2,489,000 | 4,746,000 | 6,979,000 | 9,078,000 |
| Interest expense | 741,000 | 1,344,000 | 1,844,000 | 2,296,000 |
| Net interest income | 1,748,000 | 3,402,000 | 5,135,000 | 6,782,000 |
| Noninterest income | 529,000 | 1,001,000 | 1,515,000 | 2,040,000 |
| Noninterest expense | 1,647,000 | 3,299,000 | 4,970,000 | 6,605,000 |
| Provision for loan losses | 45,000 | 190,000 | 265,000 | 340,000 |
| Pretax income | 585,000 | 939,000 | 1,440,000 | 1,903,000 |
| Income tax | 203,000 | 321,000 | 497,000 | 659,000 |
| Net income | 382,000 | 618,000 | 943,000 | 1,244,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,998,000 | 24,035,000 | 24,262,000 | 23,479,000 |
| Total capital | 25,076,000 | 24,992,000 | 25,299,000 | 24,550,000 |
| Risk-weighted assets | 100,788,000 | 103,867,000 | 102,958,000 | 102,859,000 |