Call reports 2008
COMMUNITYSOUTH BANK AND TRUST — 2008
What COMMUNITYSOUTH BANK AND 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 | 382,244,000 | 382,955,000 | 381,620,000 | 387,619,000 |
| Total loans | 309,670,000 | 315,768,000 | 320,586,000 | 320,907,000 |
| Allowance for loan losses | 4,289,000 | 6,746,000 | 6,883,000 | 8,088,000 |
| Securities available for sale | 54,082,000 | 47,927,000 | 43,696,000 | 47,501,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 310,465,000 | 308,166,000 | 297,861,000 | 299,672,000 |
| Interest-bearing deposits | 287,962,000 | 282,547,000 | 270,504,000 | 274,481,000 |
| Noninterest-bearing deposits | 22,503,000 | 25,619,000 | 27,357,000 | 25,191,000 |
| Equity capital | 31,722,000 | 30,939,000 | 32,511,000 | 31,327,000 |
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 | 6,249,000 | 11,899,000 | 17,504,000 | 22,711,000 |
| Interest expense | 3,653,000 | 6,987,000 | 9,940,000 | 12,397,000 |
| Net interest income | 2,596,000 | 4,912,000 | 7,564,000 | 10,314,000 |
| Noninterest income | 365,000 | 768,000 | 1,049,000 | 1,392,000 |
| Noninterest expense | 2,297,000 | 4,516,000 | 7,070,000 | 9,437,000 |
| Provision for loan losses | 125,000 | 2,704,000 | 2,864,000 | 7,168,000 |
| Pretax income | 539,000 | -1,540,000 | -1,321,000 | -4,899,000 |
| Income tax | 183,000 | -524,000 | -449,000 | -1,806,000 |
| Net income | 356,000 | -1,016,000 | -872,000 | -3,093,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,484,000 | 31,413,000 | 32,557,000 | 30,836,000 |
| Total capital | 35,773,000 | 35,802,000 | 36,959,000 | 35,205,000 |
| Risk-weighted assets | 345,629,000 | 348,816,000 | 349,710,000 | 345,829,000 |