Call reports 2008
SWISHER TRUST & SAVINGS BANK — 2008
What SWISHER TRUST & SAVINGS 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 | 38,650,000 | 39,185,000 | 37,725,000 | 39,170,000 |
| Total loans | 17,996,000 | 17,790,000 | 17,810,000 | 17,676,000 |
| Allowance for loan losses | 186,000 | 186,000 | 186,000 | 170,000 |
| Securities available for sale | 14,610,000 | 16,764,000 | 17,411,000 | 16,695,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,466,000 | 34,358,000 | 32,739,000 | 33,921,000 |
| Interest-bearing deposits | 26,901,000 | 27,645,000 | 26,969,000 | 27,567,000 |
| Noninterest-bearing deposits | 6,565,000 | 6,713,000 | 5,770,000 | 6,354,000 |
| Equity capital | 4,928,000 | 4,726,000 | 4,846,000 | 4,970,000 |
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 | 499,000 | 986,000 | 1,486,000 | 1,989,000 |
| Interest expense | 183,000 | 354,000 | 512,000 | 661,000 |
| Net interest income | 316,000 | 632,000 | 974,000 | 1,328,000 |
| Noninterest income | 36,000 | 89,000 | 126,000 | 167,000 |
| Noninterest expense | 256,000 | 544,000 | 802,000 | 1,142,000 |
| Provision for loan losses | 0 | 0 | 0 | 6,000 |
| Pretax income | 96,000 | 177,000 | 298,000 | 347,000 |
| Income tax | 19,000 | 45,000 | 91,000 | 106,000 |
| Net income | 77,000 | 132,000 | 207,000 | 241,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,687,000 | 4,743,000 | 4,818,000 | 4,698,000 |
| Total capital | 4,873,000 | 4,929,000 | 5,004,000 | 4,868,000 |
| Risk-weighted assets | 25,100,000 | 24,702,000 | 24,671,000 | 24,843,000 |