Call reports 2008
SHELBY STATE BANK, THE — 2008
What SHELBY STATE BANK, THE 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 | 172,118,000 | 171,985,000 | 179,596,000 | 175,658,000 |
| Total loans | 107,716,000 | 110,951,000 | 116,804,000 | 116,604,000 |
| Allowance for loan losses | 1,162,000 | 1,217,000 | 1,089,000 | 1,411,000 |
| Securities available for sale | 47,165,000 | 41,652,000 | 44,090,000 | 41,320,000 |
| Securities held to maturity | 1,594,000 | 887,000 | 889,000 | 892,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 146,991,000 | 148,275,000 | 155,315,000 | 151,805,000 |
| Interest-bearing deposits | 128,380,000 | 126,013,000 | 134,672,000 | 131,669,000 |
| Noninterest-bearing deposits | 18,611,000 | 22,262,000 | 20,643,000 | 20,136,000 |
| Equity capital | 17,877,000 | 17,369,000 | 17,534,000 | 17,426,000 |
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 | 2,568,000 | 5,064,000 | 7,532,000 | 10,011,000 |
| Interest expense | 1,015,000 | 1,848,000 | 2,690,000 | 3,471,000 |
| Net interest income | 1,553,000 | 3,216,000 | 4,842,000 | 6,540,000 |
| Noninterest income | 705,000 | 1,396,000 | 2,045,000 | 2,743,000 |
| Noninterest expense | 1,761,000 | 3,590,000 | 5,471,000 | 7,355,000 |
| Provision for loan losses | 75,000 | 165,000 | 275,000 | 655,000 |
| Pretax income | 422,000 | 857,000 | 1,142,000 | 1,470,000 |
| Income tax | 101,000 | 209,000 | 274,000 | 259,000 |
| Net income | 321,000 | 648,000 | 868,000 | 1,211,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,410,000 | 16,521,000 | 16,510,000 | 16,523,000 |
| Total capital | 17,572,000 | 17,738,000 | 17,599,000 | 17,934,000 |
| Risk-weighted assets | 114,134,000 | 116,893,000 | 120,576,000 | 120,454,000 |