Call reports 2008
ONESOUTH BANK — 2008
What ONESOUTH 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 | 83,855,000 | 89,570,000 | 90,466,000 | 86,005,000 |
| Total loans | 62,681,000 | 67,188,000 | 67,404,000 | 55,015,000 |
| Allowance for loan losses | 831,000 | 850,000 | 878,000 | 759,000 |
| Securities available for sale | 12,851,000 | 13,334,000 | 13,967,000 | 14,786,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,547,000 | 72,105,000 | 73,766,000 | 70,897,000 |
| Interest-bearing deposits | 58,484,000 | 62,626,000 | 61,936,000 | 60,133,000 |
| Noninterest-bearing deposits | 11,063,000 | 9,479,000 | 11,830,000 | 10,764,000 |
| Equity capital | 9,669,000 | 9,727,000 | 9,881,000 | 8,421,000 |
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 | 1,431,000 | 2,861,000 | 4,234,000 | 5,423,000 |
| Interest expense | 524,000 | 998,000 | 1,485,000 | 1,937,000 |
| Net interest income | 907,000 | 1,863,000 | 2,749,000 | 3,486,000 |
| Noninterest income | 160,000 | 303,000 | 459,000 | 619,000 |
| Noninterest expense | 825,000 | 1,577,000 | 2,334,000 | 3,074,000 |
| Provision for loan losses | 15,000 | 30,000 | 70,000 | 154,000 |
| Pretax income | 227,000 | 559,000 | 804,000 | 877,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 227,000 | 559,000 | 804,000 | 877,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,208,000 | 9,491,000 | 9,689,000 | 8,100,000 |
| Total capital | 10,013,000 | 10,341,000 | 10,567,000 | 8,854,000 |
| Risk-weighted assets | 64,337,000 | 68,355,000 | 69,584,000 | 59,623,000 |