Call reports 2008
SOUTHWIND BANK — 2008
What SOUTHWIND 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 | 83,293,000 | 85,754,000 | 89,345,000 | 90,902,000 |
| Total loans | 32,967,000 | 33,732,000 | 35,185,000 | 36,156,000 |
| Allowance for loan losses | 429,000 | 391,000 | 373,000 | 386,000 |
| Securities available for sale | 32,783,000 | 35,412,000 | 42,364,000 | 41,239,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,559,000 | 78,762,000 | 82,230,000 | 83,054,000 |
| Interest-bearing deposits | 61,068,000 | 61,724,000 | 61,689,000 | 64,273,000 |
| Noninterest-bearing deposits | 14,491,000 | 17,038,000 | 20,541,000 | 18,781,000 |
| Equity capital | 6,931,000 | 6,542,000 | 6,673,000 | 7,171,000 |
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 | 1,098,000 | 2,138,000 | 3,275,000 | 4,407,000 |
| Interest expense | 488,000 | 913,000 | 1,309,000 | 1,660,000 |
| Net interest income | 610,000 | 1,225,000 | 1,966,000 | 2,747,000 |
| Noninterest income | 53,000 | 98,000 | 139,000 | 181,000 |
| Noninterest expense | 472,000 | 970,000 | 1,435,000 | 2,022,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 80,000 |
| Pretax income | 176,000 | 324,000 | 626,000 | 827,000 |
| Income tax | 32,000 | 48,000 | 118,000 | 139,000 |
| Net income | 144,000 | 276,000 | 508,000 | 688,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,586,000 | 6,643,000 | 6,750,000 | 6,930,000 |
| Total capital | 7,015,000 | 7,034,000 | 7,123,000 | 7,316,000 |
| Risk-weighted assets | 44,532,000 | 45,834,000 | 47,415,000 | 48,381,000 |