Call reports 2008
SOUTHSTAR BANK, S.S.B. — 2008
What SOUTHSTAR BANK, S.S.B. 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 | 145,598,000 | 150,632,000 | 152,586,000 | 159,202,000 |
| Total loans | 119,331,000 | 124,294,000 | 130,223,000 | 133,625,000 |
| Allowance for loan losses | 833,000 | 904,000 | 879,000 | 878,000 |
| Securities available for sale | 14,150,000 | 12,471,000 | 12,131,000 | 14,590,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,587,000 | 114,662,000 | 114,334,000 | 118,113,000 |
| Interest-bearing deposits | 83,425,000 | 85,341,000 | 88,096,000 | 90,307,000 |
| Noninterest-bearing deposits | 27,162,000 | 29,321,000 | 26,238,000 | 27,806,000 |
| Equity capital | 10,711,000 | 10,958,000 | 11,441,000 | 12,026,000 |
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 | 2,428,000 | 4,938,000 | 7,577,000 | 10,163,000 |
| Interest expense | 887,000 | 1,772,000 | 2,644,000 | 3,483,000 |
| Net interest income | 1,541,000 | 3,166,000 | 4,933,000 | 6,680,000 |
| Noninterest income | 285,000 | 540,000 | 780,000 | 1,025,000 |
| Noninterest expense | 1,188,000 | 2,438,000 | 3,617,000 | 4,886,000 |
| Provision for loan losses | 425,000 | 500,000 | 538,000 | 575,000 |
| Pretax income | 311,000 | 866,000 | 1,656,000 | 2,342,000 |
| Income tax | 132,000 | 311,000 | 573,000 | 793,000 |
| Net income | 179,000 | 555,000 | 1,083,000 | 1,549,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,625,000 | 11,001,000 | 11,400,000 | 11,826,000 |
| Total capital | 11,458,000 | 11,905,000 | 12,279,000 | 12,704,000 |
| Risk-weighted assets | 103,733,000 | 103,989,000 | 106,632,000 | 110,670,000 |