Call reports 2008
SUPERIOR BANK — 2008
What SUPERIOR 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 | 34,582,000 | 32,693,000 | 35,256,000 | 38,185,000 |
| Total loans | 19,738,000 | 19,406,000 | 20,071,000 | 21,568,000 |
| Allowance for loan losses | 137,000 | 139,000 | 145,000 | 147,000 |
| Securities available for sale | 11,537,000 | 9,200,000 | 10,703,000 | 10,291,000 |
| Securities held to maturity | 0 | 0 | 1,345,000 | 3,660,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,514,000 | 24,238,000 | 25,578,000 | 27,570,000 |
| Interest-bearing deposits | 19,589,000 | 19,464,000 | 20,316,000 | 22,550,000 |
| Noninterest-bearing deposits | 4,925,000 | 4,774,000 | 5,262,000 | 5,020,000 |
| Equity capital | 4,062,000 | 3,968,000 | 3,694,000 | 3,935,000 |
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 | 575,000 | 1,073,000 | 1,565,000 | 2,153,000 |
| Interest expense | 225,000 | 433,000 | 578,000 | 717,000 |
| Net interest income | 350,000 | 640,000 | 987,000 | 1,436,000 |
| Noninterest income | 12,000 | 41,000 | 55,000 | 103,000 |
| Noninterest expense | 262,000 | 521,000 | 747,000 | 1,032,000 |
| Provision for loan losses | 0 | 0 | 63,000 | 63,000 |
| Pretax income | 120,000 | 180,000 | 252,000 | 464,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 120,000 | 180,000 | 252,000 | 464,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,119,000 | 4,109,000 | 4,132,000 | 4,168,000 |
| Total capital | 4,256,000 | 4,248,000 | 4,277,000 | 4,315,000 |
| Risk-weighted assets | 19,563,000 | 19,996,000 | 21,210,000 | 24,336,000 |