Call reports 2008
SICILY ISLAND STATE BANK — 2008
What SICILY ISLAND 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 | 29,551,000 | 30,592,000 | 31,107,000 | 30,570,000 |
| Total loans | 21,847,000 | 23,658,000 | 23,387,000 | 22,840,000 |
| Allowance for loan losses | 494,000 | 499,000 | 531,000 | 499,000 |
| Securities available for sale | 770,000 | 503,000 | 504,000 | 505,000 |
| Securities held to maturity | 4,787,000 | 4,786,000 | 4,565,000 | 4,570,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,143,000 | 25,158,000 | 23,999,000 | 24,100,000 |
| Interest-bearing deposits | 21,618,000 | 22,630,000 | 22,026,000 | 21,137,000 |
| Noninterest-bearing deposits | 2,525,000 | 2,528,000 | 1,973,000 | 2,963,000 |
| Equity capital | 3,224,000 | 3,389,000 | 3,535,000 | 3,457,000 |
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 | 556,000 | 1,144,000 | 1,736,000 | 2,300,000 |
| Interest expense | 229,000 | 427,000 | 606,000 | 776,000 |
| Net interest income | 327,000 | 717,000 | 1,130,000 | 1,524,000 |
| Noninterest income | 30,000 | 80,000 | 129,000 | 185,000 |
| Noninterest expense | 251,000 | 508,000 | 785,000 | 1,090,000 |
| Provision for loan losses | 0 | 0 | 40,000 | 85,000 |
| Pretax income | 106,000 | 289,000 | 434,000 | 534,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 106,000 | 289,000 | 434,000 | 534,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,211,000 | 3,393,000 | 3,538,000 | 3,458,000 |
| Total capital | 3,464,000 | 3,666,000 | 3,809,000 | 3,722,000 |
| Risk-weighted assets | 20,021,000 | 21,638,000 | 21,453,000 | 20,884,000 |