Call reports 2008
FRANKLIN STATE BANK & TRUST COMPANY — 2008
What FRANKLIN STATE BANK & TRUST COMPANY 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 | 114,562,000 | 114,037,000 | 112,804,000 | 122,232,000 |
| Total loans | 54,593,000 | 62,598,000 | 60,091,000 | 57,509,000 |
| Allowance for loan losses | 360,000 | 348,000 | 301,000 | 521,000 |
| Securities available for sale | 38,315,000 | 42,648,000 | 37,974,000 | 50,472,000 |
| Securities held to maturity | 895,000 | 825,000 | 895,000 | 895,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 102,720,000 | 100,971,000 | 100,428,000 | 109,162,000 |
| Interest-bearing deposits | 77,943,000 | 76,536,000 | 76,392,000 | 81,408,000 |
| Noninterest-bearing deposits | 24,777,000 | 24,435,000 | 24,036,000 | 27,754,000 |
| Equity capital | 10,992,000 | 11,081,000 | 11,431,000 | 11,037,000 |
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 | 1,821,000 | 3,564,000 | 5,266,000 | 6,812,000 |
| Interest expense | 519,000 | 935,000 | 1,303,000 | 1,656,000 |
| Net interest income | 1,302,000 | 2,629,000 | 3,963,000 | 5,156,000 |
| Noninterest income | 252,000 | 483,000 | 720,000 | 936,000 |
| Noninterest expense | 973,000 | 1,942,000 | 2,944,000 | 3,940,000 |
| Provision for loan losses | 0 | 0 | 0 | 250,000 |
| Pretax income | 581,000 | 1,170,000 | 1,739,000 | 1,902,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 581,000 | 1,170,000 | 1,739,000 | 1,902,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,552,000 | 10,990,000 | 11,410,000 | 10,554,000 |
| Total capital | 10,579,000 | 10,990,000 | 11,410,000 | 11,075,000 |
| Risk-weighted assets | 55,106,000 | 58,118,000 | 58,144,000 | 59,758,000 |