Call reports 2008
FIRST AMERICAN STATE BANK — 2008
What FIRST AMERICAN STATE 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 | 78,506,000 | 76,143,000 | 72,206,000 | 70,921,000 |
| Total loans | 38,169,000 | 30,717,000 | 29,002,000 | 30,046,000 |
| Allowance for loan losses | 527,000 | 487,000 | 544,000 | 605,000 |
| Securities available for sale | 6,275,000 | 10,126,000 | 9,145,000 | 7,371,000 |
| Securities held to maturity | 16,023,000 | 16,004,000 | 19,020,000 | 19,920,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,162,000 | 67,392,000 | 63,399,000 | 61,912,000 |
| Interest-bearing deposits | 59,320,000 | 57,179,000 | 53,381,000 | 52,686,000 |
| Noninterest-bearing deposits | 9,842,000 | 10,213,000 | 10,018,000 | 9,226,000 |
| Equity capital | 8,145,000 | 8,095,000 | 8,206,000 | 8,449,000 |
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 | 1,107,000 | 2,129,000 | 3,089,000 | 4,014,000 |
| Interest expense | 499,000 | 922,000 | 1,281,000 | 1,587,000 |
| Net interest income | 608,000 | 1,207,000 | 1,808,000 | 2,427,000 |
| Noninterest income | 148,000 | 258,000 | 398,000 | 537,000 |
| Noninterest expense | 625,000 | 1,232,000 | 1,844,000 | 2,432,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 131,000 | 233,000 | 362,000 | 532,000 |
| Income tax | 42,000 | 52,000 | 82,000 | 151,000 |
| Net income | 89,000 | 181,000 | 280,000 | 381,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,055,000 | 8,098,000 | 8,146,000 | 8,197,000 |
| Total capital | 8,582,000 | 8,585,000 | 8,604,000 | 8,654,000 |
| Risk-weighted assets | 43,790,000 | 39,220,000 | 36,411,000 | 36,608,000 |