Call reports 2008
PINNACLE BANK OF SOUTH CAROLINA — 2008
What PINNACLE BANK OF SOUTH CAROLINA 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 | 75,493,000 | 84,871,000 | 97,863,000 | 105,614,000 |
| Total loans | 64,744,000 | 73,485,000 | 80,609,000 | 92,462,000 |
| Allowance for loan losses | 817,000 | 917,000 | 1,010,000 | 1,197,000 |
| Securities available for sale | 9,008,000 | 8,923,000 | 10,001,000 | 10,336,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,282,000 | 59,109,000 | 77,074,000 | 80,176,000 |
| Interest-bearing deposits | 48,505,000 | 52,939,000 | 70,906,000 | 74,585,000 |
| Noninterest-bearing deposits | 4,777,000 | 6,170,000 | 6,168,000 | 5,591,000 |
| Equity capital | 15,905,000 | 15,623,000 | 15,336,000 | 15,464,000 |
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 | 1,265,000 | 2,541,000 | 3,954,000 | 5,485,000 |
| Interest expense | 516,000 | 999,000 | 1,532,000 | 2,127,000 |
| Net interest income | 749,000 | 1,542,000 | 2,422,000 | 3,358,000 |
| Noninterest income | 30,000 | 91,000 | 136,000 | 183,000 |
| Noninterest expense | 708,000 | 1,463,000 | 2,290,000 | 3,131,000 |
| Provision for loan losses | 60,000 | 160,000 | 253,000 | 440,000 |
| Pretax income | 11,000 | 10,000 | 15,000 | -30,000 |
| Income tax | 2,000 | 3,000 | 3,000 | 3,000 |
| Net income | 9,000 | 7,000 | 12,000 | -33,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,722,000 | 15,720,000 | 15,725,000 | 15,680,000 |
| Total capital | 16,438,000 | 16,553,000 | 16,676,000 | 16,762,000 |
| Risk-weighted assets | 57,150,000 | 66,924,000 | 76,028,000 | 91,613,000 |