Call reports 2008
FIRST TUSKEGEE BANK — 2008
What FIRST TUSKEGEE 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 | 87,166,000 | 82,790,000 | 82,815,000 | 77,728,000 |
| Total loans | 58,019,000 | 54,819,000 | 52,481,000 | 51,484,000 |
| Allowance for loan losses | 1,219,000 | 958,000 | 891,000 | 923,000 |
| Securities available for sale | 15,346,000 | 14,708,000 | 14,971,000 | 15,139,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,980,000 | 71,142,000 | 70,643,000 | 66,430,000 |
| Interest-bearing deposits | 62,450,000 | 60,617,000 | 59,975,000 | 58,993,000 |
| Noninterest-bearing deposits | 13,530,000 | 10,525,000 | 10,668,000 | 7,437,000 |
| Equity capital | 5,528,000 | 5,937,000 | 6,442,000 | 5,656,000 |
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 | 1,324,000 | 2,588,000 | 3,778,000 | 4,913,000 |
| Interest expense | 580,000 | 1,103,000 | 1,616,000 | 2,109,000 |
| Net interest income | 744,000 | 1,485,000 | 2,162,000 | 2,804,000 |
| Noninterest income | 153,000 | 471,000 | 926,000 | 575,000 |
| Noninterest expense | 837,000 | 1,722,000 | 2,578,000 | 3,681,000 |
| Provision for loan losses | 15,000 | -235,000 | -235,000 | -90,000 |
| Pretax income | 90,000 | 514,000 | 790,000 | -167,000 |
| Income tax | 6,000 | 13,000 | 29,000 | -28,000 |
| Net income | 84,000 | 501,000 | 761,000 | -139,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,343,000 | 6,331,000 | 6,591,000 | 5,649,000 |
| Total capital | 6,125,000 | 7,097,000 | 7,334,000 | 6,361,000 |
| Risk-weighted assets | 62,130,000 | 61,087,000 | 59,278,000 | 56,736,000 |