Call reports 2008
SERVISFIRST BANK — 2008
What SERVISFIRST 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 | 960,161,000 | 972,523,000 | 1,064,373,000 | 1,161,460,000 |
| Total loans | 760,302,000 | 840,389,000 | 903,031,000 | 971,553,000 |
| Allowance for loan losses | 8,852,000 | 9,438,000 | 10,384,000 | 10,602,000 |
| Securities available for sale | 88,974,000 | 91,773,000 | 90,139,000 | 102,339,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 862,887,000 | 847,433,000 | 951,316,000 | 1,037,881,000 |
| Interest-bearing deposits | 814,556,000 | 797,512,000 | 901,734,000 | 973,436,000 |
| Noninterest-bearing deposits | 48,331,000 | 49,922,000 | 49,582,000 | 64,444,000 |
| Equity capital | 74,327,000 | 75,081,000 | 90,665,000 | 100,602,000 |
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 | 13,835,000 | 27,177,000 | 41,057,000 | 55,440,000 |
| Interest expense | 5,744,000 | 10,387,000 | 15,273,000 | 19,986,000 |
| Net interest income | 8,091,000 | 16,790,000 | 25,784,000 | 35,454,000 |
| Noninterest income | 544,000 | 1,238,000 | 1,911,000 | 2,704,000 |
| Noninterest expense | 4,704,000 | 9,123,000 | 14,511,000 | 20,205,000 |
| Provision for loan losses | 1,383,000 | 3,519,000 | 4,900,000 | 6,274,000 |
| Pretax income | 2,548,000 | 5,386,000 | 8,284,000 | 11,679,000 |
| Income tax | 896,000 | 1,911,000 | 2,963,000 | 4,138,000 |
| Net income | 1,652,000 | 3,475,000 | 5,321,000 | 7,541,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 73,115,000 | 75,097,000 | 91,115,000 | 99,640,000 |
| Total capital | 81,967,000 | 84,535,000 | 101,499,000 | 110,242,000 |
| Risk-weighted assets | 797,138,000 | 843,233,000 | 910,922,000 | 989,771,000 |