Call reports 2008
PARK STERLING BANK — 2008
What PARK STERLING 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 | 290,098,000 | 342,045,000 | 387,115,000 | 428,076,000 |
| Total loans | 263,240,000 | 314,536,000 | 354,728,000 | 371,271,000 |
| Allowance for loan losses | 3,948,000 | 4,718,000 | 5,321,000 | 5,568,000 |
| Securities available for sale | 18,940,000 | 21,336,000 | 23,352,000 | 31,588,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 222,684,000 | 258,442,000 | 314,118,000 | 351,327,000 |
| Interest-bearing deposits | 212,626,000 | 245,481,000 | 299,926,000 | 335,171,000 |
| Noninterest-bearing deposits | 10,058,000 | 12,962,000 | 14,192,000 | 16,156,000 |
| Equity capital | 43,123,000 | 42,358,000 | 42,920,000 | 45,696,000 |
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 | 4,537,000 | 9,225,000 | 14,529,000 | 20,092,000 |
| Interest expense | 2,295,000 | 4,692,000 | 7,496,000 | 10,471,000 |
| Net interest income | 2,242,000 | 4,533,000 | 7,033,000 | 9,621,000 |
| Noninterest income | 5,000 | 11,000 | 28,000 | 36,000 |
| Noninterest expense | 1,681,000 | 3,385,000 | 5,146,000 | 7,099,000 |
| Provision for loan losses | 550,000 | 1,320,000 | 1,923,000 | 2,544,000 |
| Pretax income | 16,000 | -161,000 | -8,000 | 14,000 |
| Income tax | 0 | 0 | 0 | -1,532,000 |
| Net income | 16,000 | -161,000 | -8,000 | 1,546,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,628,000 | 41,618,000 | 41,937,000 | 43,657,000 |
| Total capital | 45,175,000 | 45,849,000 | 46,654,000 | 48,662,000 |
| Risk-weighted assets | 283,323,000 | 337,986,000 | 376,758,000 | 399,850,000 |