Call reports 2008
STATE OF FRANKLIN SAVINGS BANK — 2008
What STATE OF FRANKLIN SAVINGS 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 |
|---|---|---|---|
| Total assets | 370,321,000 | 353,855,000 | 331,010,000 |
| Total loans | 231,719,000 | 225,986,000 | 224,113,000 |
| Allowance for loan losses | 1,599,000 | 1,617,000 | 1,579,000 |
| Securities available for sale | 67,823,000 | 60,485,000 | 14,254,000 |
| Securities held to maturity | 2,545,000 | 2,537,000 | 19,149,000 |
| Trading assets | 25,432,000 | 25,037,000 | 11,381,000 |
| Total deposits | 288,543,000 | 267,391,000 | 260,347,000 |
| Interest-bearing deposits | 260,164,000 | 242,968,000 | 238,961,000 |
| Noninterest-bearing deposits | 28,379,000 | 24,423,000 | 21,386,000 |
| Equity capital | 23,470,000 | 21,381,000 | 11,101,000 |
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 |
|---|---|---|---|
| Interest income | 5,818,000 | 11,223,000 | 15,755,000 |
| Interest expense | 2,747,000 | 4,980,000 | 7,169,000 |
| Net interest income | 3,071,000 | 6,243,000 | 8,586,000 |
| Noninterest income | -1,285,000 | -741,000 | -6,876,000 |
| Noninterest expense | 2,239,000 | 4,736,000 | 6,981,000 |
| Provision for loan losses | 30,000 | 75,000 | 90,000 |
| Pretax income | 175,000 | 1,349,000 | -20,945,000 |
| Income tax | -151,000 | 153,000 | -8,222,000 |
| Net income | 326,000 | 1,196,000 | -12,723,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 |
|---|---|---|---|
| Tier 1 capital | 26,825,000 | 27,462,000 | 8,820,000 |
| Total capital | 28,424,000 | 29,079,000 | 10,399,000 |
| Risk-weighted assets | 289,467,000 | 287,663,000 | 255,246,000 |