Call reports 2008
PISGAH COMMUNITY BANK — 2008
What PISGAH COMMUNITY BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|
| Total assets | 19,653,000 | 28,728,000 | 36,897,000 |
| Total loans | 14,077,000 | 18,949,000 | 27,746,000 |
| Allowance for loan losses | 211,000 | 284,000 | 475,000 |
| Securities available for sale | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 11,579,000 | 20,790,000 | 29,155,000 |
| Interest-bearing deposits | 10,877,000 | 20,153,000 | 27,935,000 |
| Noninterest-bearing deposits | 702,000 | 637,000 | 1,220,000 |
| Equity capital | 8,040,000 | 7,900,000 | 7,680,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|
| Interest income | 69,000 | 348,000 | 666,000 |
| Interest expense | 18,000 | 153,000 | 335,000 |
| Net interest income | 51,000 | 195,000 | 331,000 |
| Noninterest income | 49,000 | 58,000 | 74,000 |
| Noninterest expense | 800,000 | 1,109,000 | 1,427,000 |
| Provision for loan losses | 211,000 | 284,000 | 475,000 |
| Pretax income | -911,000 | -1,140,000 | -1,497,000 |
| Income tax | -351,000 | -440,000 | -577,000 |
| Net income | -560,000 | -700,000 | -920,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|
| Tier 1 capital | 7,689,000 | 7,460,000 | 7,103,000 |
| Total capital | 7,883,000 | 7,721,000 | 7,458,000 |
| Risk-weighted assets | 15,496,000 | 20,869,000 | 28,284,000 |