Call reports 2008
SELECT BANK & TRUST COMPANY — 2008
What SELECT BANK & TRUST COMPANY 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 | 601,867,000 | 597,251,000 | 594,832,000 | 604,188,000 |
| Total loans | 446,698,000 | 452,044,000 | 457,784,000 | 460,626,000 |
| Allowance for loan losses | 9,142,000 | 6,483,000 | 7,140,000 | 8,860,000 |
| Securities available for sale | 84,376,000 | 77,168,000 | 74,797,000 | 82,932,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 512,190,000 | 508,804,000 | 505,257,000 | 505,578,000 |
| Interest-bearing deposits | 441,377,000 | 435,764,000 | 486,574,000 | 442,263,000 |
| Noninterest-bearing deposits | 70,813,000 | 73,040,000 | 18,683,000 | 63,315,000 |
| Equity capital | 69,460,000 | 68,694,000 | 69,074,000 | 73,009,000 |
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 | 9,330,000 | 18,114,000 | 26,692,000 | 35,021,000 |
| Interest expense | 4,835,000 | 8,991,000 | 12,881,000 | 16,711,000 |
| Net interest income | 4,495,000 | 9,123,000 | 13,811,000 | 18,310,000 |
| Noninterest income | 519,000 | 1,156,000 | 1,851,000 | 2,546,000 |
| Noninterest expense | 4,049,000 | 8,177,000 | 12,267,000 | 16,308,000 |
| Provision for loan losses | 873,000 | 1,247,000 | 2,141,000 | 4,283,000 |
| Pretax income | 112,000 | 890,000 | 1,314,000 | 338,000 |
| Income tax | 34,000 | 298,000 | 450,000 | 23,000 |
| Net income | 78,000 | 592,000 | 864,000 | 315,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,900,000 | 59,342,000 | 59,560,000 | 61,890,000 |
| Total capital | 64,830,000 | 65,261,000 | 65,507,000 | 67,932,000 |
| Risk-weighted assets | 471,174,000 | 472,992,000 | 474,528,000 | 480,581,000 |