Call reports 2008
GREERS FERRY LAKE STATE BANK — 2008
What GREERS FERRY LAKE 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 |
|---|---|---|
| Total assets | 63,045,000 | 63,517,000 |
| Total loans | 25,149,000 | 24,969,000 |
| Allowance for loan losses | 281,000 | 300,000 |
| Securities available for sale | 9,615,000 | 8,780,000 |
| Securities held to maturity | 18,089,000 | 18,227,000 |
| Trading assets | 0 | 0 |
| Total deposits | 52,936,000 | 53,057,000 |
| Interest-bearing deposits | 45,275,000 | 44,657,000 |
| Noninterest-bearing deposits | 7,661,000 | 8,400,000 |
| Equity capital | 5,071,000 | 5,000,000 |
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 |
|---|---|---|
| Interest income | 885,000 | 1,750,000 |
| Interest expense | 475,000 | 942,000 |
| Net interest income | 410,000 | 808,000 |
| Noninterest income | 144,000 | 291,000 |
| Noninterest expense | 393,000 | 752,000 |
| Provision for loan losses | 0 | 5,000 |
| Pretax income | 166,000 | 347,000 |
| Income tax | 36,000 | 66,000 |
| Net income | 130,000 | 281,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 |
|---|---|---|
| Tier 1 capital | 5,081,000 | 5,109,000 |
| Total capital | 5,362,000 | 5,409,000 |
| Risk-weighted assets | 33,659,000 | 33,908,000 |