Call reports 2008
UNITED SOUTHERN BANK — 2008
What UNITED SOUTHERN 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 | 370,801,000 | 374,866,000 | 390,255,000 | 410,936,000 |
| Total loans | 302,023,000 | 311,012,000 | 324,590,000 | 320,996,000 |
| Allowance for loan losses | 4,920,000 | 4,767,000 | 4,827,000 | 5,361,000 |
| Securities available for sale | 37,527,000 | 33,145,000 | 26,951,000 | 53,763,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 314,492,000 | 306,053,000 | 320,425,000 | 341,245,000 |
| Interest-bearing deposits | 286,232,000 | 281,190,000 | 295,723,000 | 334,034,000 |
| Noninterest-bearing deposits | 28,260,000 | 24,863,000 | 24,702,000 | 7,211,000 |
| Equity capital | 38,454,000 | 39,119,000 | 39,764,000 | 40,091,000 |
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 | 5,731,000 | 11,230,000 | 16,802,000 | 22,326,000 |
| Interest expense | 1,879,000 | 3,245,000 | 4,692,000 | 6,307,000 |
| Net interest income | 3,852,000 | 7,985,000 | 12,110,000 | 16,019,000 |
| Noninterest income | 732,000 | 1,455,000 | 2,183,000 | 2,853,000 |
| Noninterest expense | 2,919,000 | 6,013,000 | 9,224,000 | 12,501,000 |
| Provision for loan losses | 150,000 | 300,000 | 550,000 | 1,550,000 |
| Pretax income | 1,515,000 | 3,127,000 | 4,519,000 | 4,821,000 |
| Income tax | 550,000 | 1,135,000 | 1,640,000 | 1,663,000 |
| Net income | 965,000 | 1,992,000 | 2,879,000 | 3,158,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,261,000 | 38,954,000 | 39,497,000 | 39,692,000 |
| Total capital | 41,968,000 | 42,797,000 | 43,522,000 | 43,769,000 |
| Risk-weighted assets | 298,886,000 | 307,040,000 | 321,161,000 | 324,888,000 |