Call reports 2008
SUNDOWN STATE BANK — 2008
What SUNDOWN 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 | 89,474,000 | 98,089,000 | 106,939,000 | 103,126,000 |
| Total loans | 53,386,000 | 69,968,000 | 77,597,000 | 71,487,000 |
| Allowance for loan losses | 238,000 | 238,000 | 238,000 | 288,000 |
| Securities available for sale | 120,000 | 116,000 | 115,000 | 111,000 |
| Securities held to maturity | 20,427,000 | 20,754,000 | 20,411,000 | 21,775,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,793,000 | 81,179,000 | 82,777,000 | 90,498,000 |
| Interest-bearing deposits | 51,600,000 | 47,146,000 | 53,040,000 | 56,107,000 |
| Noninterest-bearing deposits | 30,193,000 | 34,033,000 | 29,737,000 | 34,391,000 |
| Equity capital | 7,536,000 | 7,902,000 | 8,438,000 | 7,886,000 |
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 | 1,321,000 | 2,641,000 | 4,184,000 | 5,671,000 |
| Interest expense | 358,000 | 643,000 | 968,000 | 1,235,000 |
| Net interest income | 963,000 | 1,998,000 | 3,216,000 | 4,436,000 |
| Noninterest income | 190,000 | 378,000 | 578,000 | 777,000 |
| Noninterest expense | 814,000 | 1,604,000 | 2,435,000 | 3,414,000 |
| Provision for loan losses | 0 | 12,000 | 12,000 | 63,000 |
| Pretax income | 339,000 | 760,000 | 1,349,000 | 1,742,000 |
| Income tax | 40,000 | 93,000 | 145,000 | 308,000 |
| Net income | 299,000 | 667,000 | 1,204,000 | 1,434,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,536,000 | 7,902,000 | 8,441,000 | 7,892,000 |
| Total capital | 7,774,000 | 8,140,000 | 8,679,000 | 8,180,000 |
| Risk-weighted assets | 70,236,000 | 76,185,000 | 83,436,000 | 77,451,000 |