Call reports 2008
CLARKSTON STATE BANK — 2008
What CLARKSTON STATE 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 | 161,945,000 | 149,271,000 | 144,512,000 | 130,891,000 |
| Total loans | 124,864,000 | 118,575,000 | 112,789,000 | 107,004,000 |
| Allowance for loan losses | 2,503,000 | 1,937,000 | 3,242,000 | 4,414,000 |
| Securities available for sale | 20,489,000 | 17,333,000 | 16,816,000 | 16,252,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 143,867,000 | 129,965,000 | 125,922,000 | 118,384,000 |
| Interest-bearing deposits | 124,524,000 | 105,890,000 | 103,113,000 | 97,710,000 |
| Noninterest-bearing deposits | 19,343,000 | 24,075,000 | 22,809,000 | 20,674,000 |
| Equity capital | 11,928,000 | 11,240,000 | 12,802,000 | 6,644,000 |
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 | 2,505,000 | 4,682,000 | 6,779,000 | 8,672,000 |
| Interest expense | 1,324,000 | 2,395,000 | 3,230,000 | 4,082,000 |
| Net interest income | 1,181,000 | 2,287,000 | 3,549,000 | 4,590,000 |
| Noninterest income | 240,000 | 478,000 | 294,000 | 491,000 |
| Noninterest expense | 1,440,000 | 2,967,000 | 4,301,000 | 5,645,000 |
| Provision for loan losses | 967,000 | 1,418,000 | 5,110,000 | 8,210,000 |
| Pretax income | -954,000 | -1,589,000 | -5,537,000 | -8,743,000 |
| Income tax | -324,000 | -540,000 | -1,882,000 | 1,178,000 |
| Net income | -630,000 | -1,049,000 | -3,655,000 | -9,921,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,209,000 | 8,569,000 | 8,648,000 | 6,025,000 |
| Total capital | 10,881,000 | 10,191,000 | 10,177,000 | 7,475,000 |
| Risk-weighted assets | 132,986,000 | 129,454,000 | 120,597,000 | 113,000,000 |