Call reports 2008
FIRST STATE BANK OF SHELBY, THE — 2008
What FIRST STATE BANK OF SHELBY, THE 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 | 91,585,000 | 94,179,000 | 98,102,000 | 93,963,000 |
| Total loans | 24,745,000 | 27,476,000 | 29,045,000 | 26,626,000 |
| Allowance for loan losses | 441,000 | 465,000 | 472,000 | 483,000 |
| Securities available for sale | 38,516,000 | 43,275,000 | 39,217,000 | 42,657,000 |
| Securities held to maturity | 12,531,000 | 12,066,000 | 13,336,000 | 15,235,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,001,000 | 78,006,000 | 79,061,000 | 76,765,000 |
| Interest-bearing deposits | 48,692,000 | 48,368,000 | 49,311,000 | 50,297,000 |
| Noninterest-bearing deposits | 26,309,000 | 29,638,000 | 29,750,000 | 26,468,000 |
| Equity capital | 15,926,000 | 15,844,000 | 16,453,000 | 16,759,000 |
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 | 1,148,000 | 2,289,000 | 3,491,000 | 4,674,000 |
| Interest expense | 325,000 | 622,000 | 889,000 | 1,134,000 |
| Net interest income | 823,000 | 1,667,000 | 2,602,000 | 3,540,000 |
| Noninterest income | 137,000 | 322,000 | 462,000 | 601,000 |
| Noninterest expense | 421,000 | 856,000 | 1,324,000 | 1,908,000 |
| Provision for loan losses | 0 | 0 | 0 | 108,000 |
| Pretax income | 540,000 | 1,134,000 | 1,770,000 | 2,123,000 |
| Income tax | 209,000 | 436,000 | 682,000 | 627,000 |
| Net income | 331,000 | 698,000 | 1,088,000 | 1,496,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,710,000 | 16,077,000 | 16,467,000 | 16,501,000 |
| Total capital | 16,151,000 | 16,542,000 | 16,939,000 | 16,984,000 |
| Risk-weighted assets | 40,168,000 | 43,607,000 | 45,493,000 | 40,773,000 |