Call reports 2008
AMERICAN STATE BANK OF ERSKINE — 2008
What AMERICAN STATE BANK OF ERSKINE 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 | 19,374,000 | 19,936,000 | 19,723,000 | 19,441,000 |
| Total loans | 12,441,000 | 12,912,000 | 12,261,000 | 11,984,000 |
| Allowance for loan losses | 209,000 | 211,000 | 208,000 | 211,000 |
| Securities available for sale | 3,123,000 | 3,182,000 | 3,391,000 | 3,397,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 16,382,000 | 16,982,000 | 16,722,000 | 16,445,000 |
| Interest-bearing deposits | 13,460,000 | 13,546,000 | 13,335,000 | 13,209,000 |
| Noninterest-bearing deposits | 2,922,000 | 3,436,000 | 3,387,000 | 3,236,000 |
| Equity capital | 2,917,000 | 2,882,000 | 2,873,000 | 2,939,000 |
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 | 291,000 | 564,000 | 837,000 | 1,089,000 |
| Interest expense | 91,000 | 170,000 | 243,000 | 301,000 |
| Net interest income | 200,000 | 394,000 | 594,000 | 788,000 |
| Noninterest income | 49,000 | 86,000 | 126,000 | 163,000 |
| Noninterest expense | 186,000 | 370,000 | 549,000 | 722,000 |
| Provision for loan losses | 2,000 | 3,000 | 5,000 | 8,000 |
| Pretax income | 61,000 | 107,000 | 166,000 | 221,000 |
| Income tax | 1,000 | 8,000 | 12,000 | 16,000 |
| Net income | 60,000 | 99,000 | 154,000 | 205,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,903,000 | 2,898,000 | 2,878,000 | 2,907,000 |
| Total capital | 3,069,000 | 3,068,000 | 3,044,000 | 3,063,000 |
| Risk-weighted assets | 13,216,000 | 13,574,000 | 13,205,000 | 12,456,000 |