Call reports 2008
SERVICE1ST BANK OF NEVADA — 2008
What SERVICE1ST BANK OF NEVADA 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 | 126,164,000 | 156,393,000 | 163,912,000 | 159,493,000 |
| Total loans | 109,018,000 | 118,919,000 | 130,402,000 | 137,216,000 |
| Allowance for loan losses | 1,500,000 | 1,669,000 | 1,565,000 | 2,883,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 7,043,000 | 7,984,000 | 8,960,000 | 11,739,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,397,000 | 103,410,000 | 113,876,000 | 109,891,000 |
| Interest-bearing deposits | 63,001,000 | 83,083,000 | 90,463,000 | 88,313,000 |
| Noninterest-bearing deposits | 15,396,000 | 20,327,000 | 23,413,000 | 21,578,000 |
| Equity capital | 45,887,000 | 45,631,000 | 45,449,000 | 42,316,000 |
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 | 1,992,000 | 4,072,000 | 6,377,000 | 8,596,000 |
| Interest expense | 453,000 | 922,000 | 1,433,000 | 2,023,000 |
| Net interest income | 1,539,000 | 3,150,000 | 4,944,000 | 6,573,000 |
| Noninterest income | 38,000 | 98,000 | 169,000 | 236,000 |
| Noninterest expense | 2,176,000 | 4,086,000 | 6,332,000 | 8,257,000 |
| Provision for loan losses | 578,000 | 745,000 | 640,000 | 3,669,000 |
| Pretax income | -1,177,000 | -1,583,000 | -1,859,000 | -5,117,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -1,177,000 | -1,583,000 | -1,859,000 | -5,117,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,887,000 | 45,631,000 | 45,449,000 | 42,316,000 |
| Total capital | 47,407,000 | 47,296,000 | 47,246,000 | 44,207,000 |
| Risk-weighted assets | 121,418,000 | 132,978,000 | 143,748,000 | 149,979,000 |