Call reports 2008
FULTON STATE BANK — 2008
What FULTON 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 | 42,160,000 | 41,078,000 | 40,655,000 | 42,319,000 |
| Total loans | 24,444,000 | 24,529,000 | 25,224,000 | 26,021,000 |
| Allowance for loan losses | 176,000 | 163,000 | 161,000 | 164,000 |
| Securities available for sale | 2,354,000 | 2,067,000 | 1,936,000 | 1,400,000 |
| Securities held to maturity | 2,460,000 | 2,966,000 | 3,167,000 | 3,168,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,672,000 | 35,678,000 | 35,193,000 | 36,902,000 |
| Interest-bearing deposits | 30,673,000 | 29,959,000 | 29,144,000 | 29,787,000 |
| Noninterest-bearing deposits | 5,999,000 | 5,720,000 | 6,049,000 | 7,115,000 |
| Equity capital | 4,888,000 | 4,926,000 | 5,022,000 | 5,053,000 |
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 | 655,000 | 1,263,000 | 1,868,000 | 2,467,000 |
| Interest expense | 263,000 | 502,000 | 716,000 | 919,000 |
| Net interest income | 392,000 | 761,000 | 1,152,000 | 1,548,000 |
| Noninterest income | 51,000 | 99,000 | 154,000 | 205,000 |
| Noninterest expense | 322,000 | 629,000 | 925,000 | 1,202,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 121,000 | 231,000 | 381,000 | 552,000 |
| Income tax | 32,000 | 60,000 | 102,000 | 157,000 |
| Net income | 89,000 | 171,000 | 279,000 | 395,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,856,000 | 4,938,000 | 5,046,000 | 5,062,000 |
| Total capital | 5,032,000 | 5,101,000 | 5,207,000 | 5,226,000 |
| Risk-weighted assets | 30,031,000 | 29,915,000 | 30,518,000 | 31,870,000 |