Call reports 2008
SOUTH PADRE BANK, NATIONAL ASSOCIATION — 2008
What SOUTH PADRE BANK, NATIONAL ASSOCIATION 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 | 39,856,000 | 41,849,000 | 47,462,000 | 48,116,000 |
| Total loans | 21,939,000 | 22,682,000 | 24,140,000 | 24,906,000 |
| Allowance for loan losses | 341,000 | 341,000 | 341,000 | 341,000 |
| Securities available for sale | 6,545,000 | 6,940,000 | 10,384,000 | 7,771,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,033,000 | 34,372,000 | 39,973,000 | 40,466,000 |
| Interest-bearing deposits | 25,296,000 | 26,919,000 | 29,791,000 | 26,848,000 |
| Noninterest-bearing deposits | 6,737,000 | 7,453,000 | 10,182,000 | 13,618,000 |
| Equity capital | 6,614,000 | 6,477,000 | 6,617,000 | 6,848,000 |
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 | 528,000 | 1,038,000 | 1,565,000 | 2,066,000 |
| Interest expense | 202,000 | 405,000 | 598,000 | 761,000 |
| Net interest income | 326,000 | 633,000 | 967,000 | 1,305,000 |
| Noninterest income | 21,000 | 40,000 | 63,000 | 96,000 |
| Noninterest expense | 232,000 | 476,000 | 719,000 | 1,009,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 127,000 | 209,000 | 323,000 | 414,000 |
| Income tax | 45,000 | 72,000 | 110,000 | 140,000 |
| Net income | 82,000 | 137,000 | 213,000 | 274,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,582,000 | 6,637,000 | 6,713,000 | 6,776,000 |
| Total capital | 6,876,000 | 6,952,000 | 7,047,000 | 7,114,000 |
| Risk-weighted assets | 23,467,000 | 25,196,000 | 26,687,000 | 27,054,000 |