Call reports 2008
STATE BANK OF DRUMMOND — 2008
What STATE BANK OF DRUMMOND 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 | 44,248,000 | 40,891,000 | 40,496,000 | 40,460,000 |
| Total loans | 28,825,000 | 28,605,000 | 28,852,000 | 28,542,000 |
| Allowance for loan losses | 422,000 | 419,000 | 422,000 | 420,000 |
| Securities available for sale | 6,980,000 | 7,338,000 | 7,220,000 | 7,450,000 |
| Securities held to maturity | 650,000 | 650,000 | 850,000 | 850,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,418,000 | 34,126,000 | 33,262,000 | 28,940,000 |
| Interest-bearing deposits | 30,736,000 | 29,414,000 | 28,112,000 | 24,259,000 |
| Noninterest-bearing deposits | 4,682,000 | 4,712,000 | 5,150,000 | 4,681,000 |
| Equity capital | 5,165,000 | 5,094,000 | 5,194,000 | 5,318,000 |
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 | 681,000 | 1,311,000 | 1,907,000 | 2,474,000 |
| Interest expense | 279,000 | 527,000 | 724,000 | 873,000 |
| Net interest income | 402,000 | 784,000 | 1,183,000 | 1,601,000 |
| Noninterest income | 50,000 | 109,000 | 173,000 | 255,000 |
| Noninterest expense | 366,000 | 724,000 | 1,076,000 | 1,399,000 |
| Provision for loan losses | 9,000 | 14,000 | 18,000 | 23,000 |
| Pretax income | 77,000 | 155,000 | 262,000 | 434,000 |
| Income tax | 29,000 | 55,000 | 81,000 | 110,000 |
| Net income | 48,000 | 100,000 | 181,000 | 324,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,081,000 | 5,100,000 | 5,181,000 | 5,225,000 |
| Total capital | 5,429,000 | 5,436,000 | 5,523,000 | 5,568,000 |
| Risk-weighted assets | 27,746,000 | 26,823,000 | 27,271,000 | 27,364,000 |