Call reports 2008
STATE EXCHANGE BANK, THE — 2008
What STATE EXCHANGE BANK, THE 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 | 29,675,000 | 29,089,000 | 29,346,000 | 31,532,000 |
| Total loans | 16,974,000 | 17,587,000 | 17,360,000 | 18,353,000 |
| Allowance for loan losses | 171,000 | 186,000 | 183,000 | 207,000 |
| Securities available for sale | 11,042,000 | 10,075,000 | 9,899,000 | 9,980,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 22,183,000 | 21,712,000 | 22,534,000 | 25,263,000 |
| Interest-bearing deposits | 18,808,000 | 18,772,000 | 19,673,000 | 21,024,000 |
| Noninterest-bearing deposits | 3,375,000 | 2,940,000 | 2,861,000 | 4,240,000 |
| Equity capital | 3,173,000 | 3,016,000 | 3,137,000 | 3,207,000 |
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 | 482,000 | 949,000 | 1,389,000 | 1,869,000 |
| Interest expense | 208,000 | 398,000 | 553,000 | 725,000 |
| Net interest income | 274,000 | 551,000 | 836,000 | 1,144,000 |
| Noninterest income | 18,000 | 45,000 | 52,000 | 69,000 |
| Noninterest expense | 180,000 | 339,000 | 491,000 | 774,000 |
| Provision for loan losses | 0 | 15,000 | 15,000 | 115,000 |
| Pretax income | 114,000 | 244,000 | 384,000 | 326,000 |
| Income tax | 6,000 | 11,000 | 15,000 | 21,000 |
| Net income | 108,000 | 233,000 | 369,000 | 305,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,971,000 | 3,096,000 | 3,133,000 | 3,067,000 |
| Total capital | 3,142,000 | 3,282,000 | 3,316,000 | 3,274,000 |
| Risk-weighted assets | 19,612,000 | 20,149,000 | 19,957,000 | 21,146,000 |