Call reports 2008
FRANKLIN STATE BANK — 2008
What FRANKLIN 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 | 23,215,000 | 22,202,000 | 22,160,000 | 23,202,000 |
| Total loans | 14,802,000 | 15,737,000 | 16,778,000 | 16,373,000 |
| Allowance for loan losses | 136,000 | 136,000 | 138,000 | 142,000 |
| Securities available for sale | 4,782,000 | 4,115,000 | 3,435,000 | 3,084,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,847,000 | 18,862,000 | 18,479,000 | 19,405,000 |
| Interest-bearing deposits | 16,806,000 | 16,143,000 | 15,540,000 | 15,875,000 |
| Noninterest-bearing deposits | 3,041,000 | 2,719,000 | 2,939,000 | 3,530,000 |
| Equity capital | 2,470,000 | 2,484,000 | 2,539,000 | 2,609,000 |
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 | 332,000 | 646,000 | 952,000 | 1,257,000 |
| Interest expense | 141,000 | 258,000 | 365,000 | 472,000 |
| Net interest income | 191,000 | 388,000 | 587,000 | 785,000 |
| Noninterest income | 16,000 | 35,000 | 52,000 | 68,000 |
| Noninterest expense | 130,000 | 264,000 | 392,000 | 540,000 |
| Provision for loan losses | 2,000 | 3,000 | 7,000 | 11,000 |
| Pretax income | 75,000 | 156,000 | 240,000 | 302,000 |
| Income tax | 34,000 | 61,000 | 88,000 | 116,000 |
| Net income | 41,000 | 95,000 | 152,000 | 186,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,420,000 | 2,473,000 | 2,530,000 | 2,564,000 |
| Total capital | 2,556,000 | 2,609,000 | 2,668,000 | 2,706,000 |
| Risk-weighted assets | 15,352,000 | 15,910,000 | 16,778,000 | 16,644,000 |