Call reports 2008
PIONEER STATE BANK — 2008
What PIONEER 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 | 30,826,000 | 31,862,000 | 46,306,000 | 40,704,000 |
| Total loans | 22,524,000 | 23,798,000 | 37,855,000 | 30,886,000 |
| Allowance for loan losses | 216,000 | 207,000 | 216,000 | 216,000 |
| Securities available for sale | 5,453,000 | 5,845,000 | 5,933,000 | 5,964,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,979,000 | 23,012,000 | 36,239,000 | 31,438,000 |
| Interest-bearing deposits | 19,594,000 | 20,967,000 | 34,288,000 | 29,002,000 |
| Noninterest-bearing deposits | 2,385,000 | 2,045,000 | 1,951,000 | 2,436,000 |
| Equity capital | 4,305,000 | 4,322,000 | 4,476,000 | 4,700,000 |
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 | 506,000 | 1,085,000 | 1,920,000 | 2,994,000 |
| Interest expense | 247,000 | 468,000 | 745,000 | 1,047,000 |
| Net interest income | 259,000 | 617,000 | 1,175,000 | 1,947,000 |
| Noninterest income | 24,000 | 50,000 | 77,000 | 106,000 |
| Noninterest expense | 190,000 | 427,000 | 764,000 | 1,221,000 |
| Provision for loan losses | 7,000 | 15,000 | 23,000 | 23,000 |
| Pretax income | 86,000 | 225,000 | 465,000 | 809,000 |
| Income tax | 21,000 | 68,000 | 140,000 | 260,000 |
| Net income | 65,000 | 157,000 | 325,000 | 549,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,197,000 | 4,289,000 | 4,457,000 | 4,681,000 |
| Total capital | 4,413,000 | 4,496,000 | 4,673,000 | 4,897,000 |
| Risk-weighted assets | 23,113,000 | 25,875,000 | 31,586,000 | 29,831,000 |