Call reports 2008
SOUTHEAST BANK — 2008
What SOUTHEAST 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 | 228,499,000 | 219,873,000 | 233,970,000 | 239,737,000 |
| Total loans | 177,417,000 | 178,227,000 | 190,574,000 | 198,891,000 |
| Allowance for loan losses | 2,168,000 | 2,246,000 | 2,191,000 | 2,468,000 |
| Securities available for sale | 20,391,000 | 22,700,000 | 23,680,000 | 23,668,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 201,995,000 | 191,513,000 | 205,054,000 | 210,740,000 |
| Interest-bearing deposits | 180,743,000 | 171,304,000 | 183,108,000 | 190,810,000 |
| Noninterest-bearing deposits | 21,252,000 | 20,209,000 | 21,946,000 | 19,930,000 |
| Equity capital | 19,188,000 | 19,332,000 | 19,766,000 | 19,975,000 |
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 | 3,819,000 | 7,461,000 | 11,116,000 | 14,815,000 |
| Interest expense | 1,662,000 | 3,055,000 | 4,397,000 | 5,897,000 |
| Net interest income | 2,157,000 | 4,406,000 | 6,719,000 | 8,918,000 |
| Noninterest income | 507,000 | 1,043,000 | 1,622,000 | 2,152,000 |
| Noninterest expense | 1,813,000 | 3,682,000 | 5,689,000 | 7,644,000 |
| Provision for loan losses | 150,000 | 285,000 | 580,000 | 1,380,000 |
| Pretax income | 706,000 | 1,482,000 | 2,072,000 | 2,046,000 |
| Income tax | 260,000 | 554,000 | 773,000 | 767,000 |
| Net income | 446,000 | 928,000 | 1,299,000 | 1,279,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,934,000 | 18,466,000 | 18,864,000 | 18,911,000 |
| Total capital | 20,039,000 | 20,596,000 | 21,055,000 | 21,263,000 |
| Risk-weighted assets | 168,352,000 | 170,307,000 | 179,762,000 | 188,063,000 |