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Call reports 2008

TIDELANDS BANK — 2008

What TIDELANDS BANK reported to the FFIEC in 2008, quarter by quarter.

PERIOD: 2008SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/3f392260-92d1-4f3c-b823-8743d81fffd8/2008

Balance sheet

What the bank holds and owes at quarter end

Measure2008Q12008Q22008Q32008Q4
Total assets562,822,000599,417,000665,642,000712,714,000
Total loans415,795,000433,643,000457,093,000462,208,000
Allowance for loan losses4,562,0004,763,0005,023,0007,635,000
Securities available for sale90,474,000120,648,000159,853,000171,770,000
Securities held to maturity0000
Trading assets0000
Total deposits455,241,000486,899,000518,374,000575,344,000
Interest-bearing deposits441,943,000474,218,000504,624,000549,011,000
Noninterest-bearing deposits13,298,00012,681,00013,750,00026,333,000
Equity capital50,128,00054,641,00053,137,00053,027,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2008Q12008Q22008Q32008Q4
Interest income8,415,00016,605,00025,710,00034,757,000
Interest expense4,896,0009,409,00014,208,00019,491,000
Net interest income3,519,0007,196,00011,502,00015,266,000
Noninterest income332,000707,0001,041,0001,290,000
Noninterest expense3,355,0007,092,00010,270,00013,585,000
Provision for loan losses463,000777,0001,473,0004,665,000
Pretax income65,00066,000-3,291,000-5,781,000
Income tax26,0002,000-1,323,000-2,233,000
Net income39,00064,000-1,968,000-3,548,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2008Q12008Q22008Q32008Q4
Tier 1 capital48,662,00053,831,00053,074,00051,494,000
Total capital53,224,00058,594,00058,098,00057,494,000
Risk-weighted assets444,833,000469,733,000479,724,000478,378,000

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