Call reports 2008

FIRST NATIONAL BANK OF STERLING CITY, THE — 2008

Name: FIRST NATIONAL BANK OF STERLING CITY, THE — FFIEC call report 2008
Creator: FIRST NATIONAL BANK OF STERLING CITY, THE

What FIRST NATIONAL BANK OF STERLING CITY, THE reported to the FFIEC in 2008, quarter by quarter.

PERIOD: 2008SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/8e5e62ea-2d11-46e1-b742-9e19902ff196/2008

Balance sheet

What the bank holds and owes at quarter end

Measure	2008Q1	2008Q2	2008Q3	2008Q4
Total assets	82,294,000	78,512,000	74,337,000	80,257,000
Total loans	23,605,000	23,077,000	24,766,000	25,726,000
Allowance for loan losses	226,000	200,000	191,000	215,000
Securities available for sale	31,654,000	35,988,000	37,935,000	42,694,000
Securities held to maturity	4,678,000	4,521,000	4,319,000	3,744,000
Trading assets	0	0	0	0
Total deposits	74,563,000	71,407,000	66,146,000	71,339,000
Interest-bearing deposits	56,870,000	49,519,000	49,034,000	52,594,000
Noninterest-bearing deposits	17,693,000	21,888,000	17,112,000	18,745,000
Equity capital	7,475,000	6,903,000	7,992,000	8,755,000

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	700,000	1,589,000	2,517,000	3,462,000
Interest expense	138,000	297,000	443,000	567,000
Net interest income	562,000	1,292,000	2,074,000	2,895,000
Noninterest income	64,000	152,000	247,000	379,000
Noninterest expense	392,000	906,000	1,446,000	2,037,000
Provision for loan losses	0	0	0	40,000
Pretax income	234,000	538,000	875,000	1,197,000
Income tax	0	0	0	0
Net income	234,000	538,000	875,000	1,197,000

Basel measures — not reported for every quarter

Measure	2008Q1	2008Q2	2008Q3	2008Q4
Tier 1 capital	6,585,000	6,857,000	7,163,000	6,905,000
Total capital	6,811,000	7,057,000	7,354,000	7,120,000
Risk-weighted assets	36,240,000	34,054,000	35,270,000	37,254,000