Call reports 2008
CARTER BANK & TRUST — 2008
What CARTER BANK & TRUST 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 | 2,774,887,000 | 2,797,252,000 | 2,749,174,000 | 2,800,478,000 |
| Total loans | 1,465,713,000 | 1,464,801,000 | 1,568,612,000 | 1,601,064,000 |
| Allowance for loan losses | 13,567,000 | 13,365,000 | 13,583,000 | 13,686,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 437,950,000 | 706,468,000 | 681,536,000 | 688,018,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,455,766,000 | 2,461,173,000 | 2,413,733,000 | 2,470,803,000 |
| Interest-bearing deposits | 2,091,270,000 | 2,096,715,000 | 2,066,058,000 | 2,139,137,000 |
| Noninterest-bearing deposits | 364,496,000 | 364,458,000 | 347,675,000 | 331,666,000 |
| Equity capital | 292,080,000 | 303,194,000 | 302,904,000 | 302,531,000 |
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 | 35,321,000 | 70,543,000 | 104,863,000 | 140,862,000 |
| Interest expense | 19,816,000 | 39,599,000 | 58,347,000 | 76,077,000 |
| Net interest income | 15,505,000 | 30,944,000 | 46,516,000 | 64,785,000 |
| Noninterest income | 2,793,000 | 4,749,000 | 8,010,000 | 10,026,000 |
| Noninterest expense | 15,993,000 | 31,555,000 | 48,038,000 | 63,987,000 |
| Provision for loan losses | 225,000 | 450,000 | 675,000 | 900,000 |
| Pretax income | 2,080,000 | 3,688,000 | 5,813,000 | 9,924,000 |
| Income tax | -83,000 | -435,000 | -645,000 | 1,214,000 |
| Net income | 2,163,000 | 4,123,000 | 6,458,000 | 8,710,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 198,828,000 | 210,103,000 | 210,974,000 | 211,766,000 |
| Total capital | 212,395,000 | 223,468,000 | 224,557,000 | 225,452,000 |
| Risk-weighted assets | 1,594,512,000 | 1,745,208,000 | 1,736,674,000 | 1,764,853,000 |