Call reports 2008
PINEHURST BANK — 2008
What PINEHURST 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 | 51,905,000 | 52,824,000 | 58,295,000 | 59,368,000 |
| Total loans | 47,973,000 | 50,480,000 | 52,576,000 | 57,387,000 |
| Allowance for loan losses | 535,000 | 516,000 | 545,000 | 1,224,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,498,000 | 36,026,000 | 39,515,000 | 42,603,000 |
| Interest-bearing deposits | 33,681,000 | 33,319,000 | 35,915,000 | 38,871,000 |
| Noninterest-bearing deposits | 2,817,000 | 2,707,000 | 3,601,000 | 3,733,000 |
| Equity capital | 6,697,000 | 6,700,000 | 6,736,000 | 5,955,000 |
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 | 876,000 | 1,799,000 | 2,775,000 | 3,781,000 |
| Interest expense | 449,000 | 842,000 | 1,237,000 | 1,635,000 |
| Net interest income | 427,000 | 957,000 | 1,538,000 | 2,146,000 |
| Noninterest income | 10,000 | 25,000 | 45,000 | 64,000 |
| Noninterest expense | 496,000 | 1,017,000 | 1,560,000 | 2,297,000 |
| Provision for loan losses | 0 | 29,000 | 58,000 | 738,000 |
| Pretax income | -59,000 | -64,000 | -35,000 | -825,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -59,000 | -64,000 | -35,000 | -825,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,697,000 | 6,700,000 | 6,736,000 | 5,955,000 |
| Total capital | 7,232,000 | 7,216,000 | 7,281,000 | 6,633,000 |
| Risk-weighted assets | 48,490,000 | 49,891,000 | 51,531,000 | 53,694,000 |