Call reports 2008
FIRST STATE BANK OF THE SOUTHEAST, INC — 2008
What FIRST STATE BANK OF THE SOUTHEAST, INC 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 | 380,403,000 | 395,015,000 | 394,651,000 | 398,966,000 |
| Total loans | 331,710,000 | 347,872,000 | 351,273,000 | 353,302,000 |
| Allowance for loan losses | 2,241,000 | 2,437,000 | 2,690,000 | 3,103,000 |
| Securities available for sale | 30,959,000 | 29,761,000 | 29,515,000 | 28,790,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 311,167,000 | 323,672,000 | 319,484,000 | 314,753,000 |
| Interest-bearing deposits | 278,919,000 | 289,506,000 | 286,304,000 | 281,528,000 |
| Noninterest-bearing deposits | 32,248,000 | 34,166,000 | 33,180,000 | 33,225,000 |
| Equity capital | 29,744,000 | 30,398,000 | 31,236,000 | 32,589,000 |
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 | 6,438,000 | 12,669,000 | 19,066,000 | 25,149,000 |
| Interest expense | 2,862,000 | 5,486,000 | 8,059,000 | 10,540,000 |
| Net interest income | 3,576,000 | 7,183,000 | 11,007,000 | 14,609,000 |
| Noninterest income | 486,000 | 1,084,000 | 1,625,000 | 2,210,000 |
| Noninterest expense | 2,892,000 | 5,664,000 | 8,486,000 | 10,811,000 |
| Provision for loan losses | 74,000 | 326,000 | 629,000 | 1,115,000 |
| Pretax income | 1,100,000 | 2,285,000 | 3,529,000 | 4,916,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,100,000 | 2,285,000 | 3,529,000 | 4,916,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,393,000 | 30,577,000 | 31,421,000 | 32,507,000 |
| Total capital | 31,634,000 | 33,016,000 | 34,111,000 | 35,610,000 |
| Risk-weighted assets | 313,490,000 | 325,851,000 | 328,956,000 | 333,316,000 |