Call reports 2008
FIRST STATE BANK — 2008
What FIRST 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 | 44,220,000 | 44,329,000 | 41,526,000 | 42,668,000 |
| Total loans | 21,786,000 | 23,261,000 | 21,873,000 | 21,456,000 |
| Allowance for loan losses | 350,000 | 210,000 | 260,000 | 679,000 |
| Securities available for sale | 15,859,000 | 15,539,000 | 14,259,000 | 13,184,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,752,000 | 38,317,000 | 35,626,000 | 37,988,000 |
| Interest-bearing deposits | 34,522,000 | 33,492,000 | 31,923,000 | 33,590,000 |
| Noninterest-bearing deposits | 4,230,000 | 4,825,000 | 3,703,000 | 4,398,000 |
| Equity capital | 4,189,000 | 3,554,000 | 3,090,000 | 2,235,000 |
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 | 718,000 | 1,378,000 | 1,976,000 | 2,525,000 |
| Interest expense | 351,000 | 673,000 | 980,000 | 1,269,000 |
| Net interest income | 367,000 | 705,000 | 996,000 | 1,256,000 |
| Noninterest income | 65,000 | 128,000 | 196,000 | 253,000 |
| Noninterest expense | 236,000 | 483,000 | 903,000 | 1,191,000 |
| Provision for loan losses | 18,000 | 76,000 | 124,000 | 511,000 |
| Pretax income | 178,000 | 103,000 | -57,000 | -420,000 |
| Income tax | 9,000 | 18,000 | 6,000 | -22,000 |
| Net income | 169,000 | 85,000 | -63,000 | -398,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,092,000 | 3,859,000 | 3,710,000 | 3,475,000 |
| Total capital | 4,442,000 | 4,069,000 | 3,970,000 | 3,854,000 |
| Risk-weighted assets | 37,120,000 | 39,192,000 | 30,167,000 | 30,387,000 |