Call reports 2008
STATE CENTRAL BANK — 2008
What STATE CENTRAL 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 | 268,053,000 | 275,232,000 | 286,350,000 | 274,390,000 |
| Total loans | 232,669,000 | 243,272,000 | 244,816,000 | 236,022,000 |
| Allowance for loan losses | 2,821,000 | 2,504,000 | 2,682,000 | 3,657,000 |
| Securities available for sale | 13,765,000 | 13,323,000 | 10,625,000 | 10,679,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 205,081,000 | 213,161,000 | 224,293,000 | 219,899,000 |
| Interest-bearing deposits | 179,980,000 | 187,516,000 | 200,506,000 | 194,019,000 |
| Noninterest-bearing deposits | 25,101,000 | 25,645,000 | 23,787,000 | 25,880,000 |
| Equity capital | 23,023,000 | 23,520,000 | 23,764,000 | 22,507,000 |
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 | 4,402,000 | 8,735,000 | 12,940,000 | 16,885,000 |
| Interest expense | 1,828,000 | 3,631,000 | 5,511,000 | 7,270,000 |
| Net interest income | 2,574,000 | 5,104,000 | 7,429,000 | 9,615,000 |
| Noninterest income | 785,000 | 1,322,000 | 1,909,000 | 2,531,000 |
| Noninterest expense | 1,873,000 | 3,688,000 | 5,650,000 | 7,781,000 |
| Provision for loan losses | 0 | 100,000 | 300,000 | 2,350,000 |
| Pretax income | 1,486,000 | 2,638,000 | 3,225,000 | 1,852,000 |
| Income tax | -4,000 | -4,000 | -4,000 | 126,000 |
| Net income | 1,490,000 | 2,642,000 | 3,229,000 | 1,726,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,414,000 | 22,189,000 | 22,591,000 | 21,157,000 |
| Total capital | 24,235,000 | 24,693,000 | 25,273,000 | 24,111,000 |
| Risk-weighted assets | 233,867,000 | 242,587,000 | 246,824,000 | 235,634,000 |