Call reports 2008
FIRST SOUTHEAST BANK — 2008
What FIRST SOUTHEAST 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 | 47,635,000 | 47,385,000 | 47,510,000 | 48,635,000 |
| Total loans | 42,051,000 | 40,317,000 | 39,703,000 | 37,734,000 |
| Allowance for loan losses | 660,000 | 859,000 | 860,000 | 459,000 |
| Securities available for sale | 3,092,000 | 3,706,000 | 5,139,000 | 5,220,000 |
| Securities held to maturity | 733,000 | 733,000 | 733,000 | 733,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,584,000 | 40,223,000 | 40,413,000 | 41,273,000 |
| Interest-bearing deposits | 34,732,000 | 34,947,000 | 35,003,000 | 34,898,000 |
| Noninterest-bearing deposits | 4,852,000 | 5,276,000 | 5,410,000 | 6,375,000 |
| Equity capital | 4,115,000 | 4,188,000 | 4,107,000 | 4,405,000 |
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 | 922,000 | 1,814,000 | 2,571,000 | 3,298,000 |
| Interest expense | 337,000 | 641,000 | 930,000 | 1,200,000 |
| Net interest income | 585,000 | 1,173,000 | 1,641,000 | 2,098,000 |
| Noninterest income | 84,000 | 181,000 | 282,000 | 390,000 |
| Noninterest expense | 381,000 | 733,000 | 1,108,000 | 1,513,000 |
| Provision for loan losses | 20,000 | 28,000 | 28,000 | 28,000 |
| Pretax income | 268,000 | 593,000 | 787,000 | 950,000 |
| Income tax | 0 | 3,000 | 3,000 | 3,000 |
| Net income | 268,000 | 590,000 | 784,000 | 947,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,073,000 | 4,213,000 | 4,093,000 | 4,254,000 |
| Total capital | 4,596,000 | 4,718,000 | 4,604,000 | 4,713,000 |
| Risk-weighted assets | 41,705,000 | 40,079,000 | 40,570,000 | 38,059,000 |