Call reports 2008
PREMIER SERVICE BANK — 2008
What PREMIER SERVICE 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 | 144,569,000 | 156,553,000 | 155,135,000 | 151,408,000 |
| Total loans | 111,558,000 | 123,617,000 | 124,104,000 | 125,350,000 |
| Allowance for loan losses | 1,287,000 | 1,634,000 | 1,725,000 | 1,596,000 |
| Securities available for sale | 10,395,000 | 9,681,000 | 9,397,000 | 8,710,000 |
| Securities held to maturity | 6,927,000 | 6,618,000 | 6,309,000 | 5,402,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 109,585,000 | 116,613,000 | 115,103,000 | 110,562,000 |
| Interest-bearing deposits | 66,124,000 | 72,624,000 | 73,269,000 | 72,522,000 |
| Noninterest-bearing deposits | 43,461,000 | 43,989,000 | 41,834,000 | 38,040,000 |
| Equity capital | 13,398,000 | 13,236,000 | 13,337,000 | 13,209,000 |
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 | 2,430,000 | 4,772,000 | 7,243,000 | 9,701,000 |
| Interest expense | 671,000 | 1,304,000 | 1,971,000 | 2,620,000 |
| Net interest income | 1,759,000 | 3,468,000 | 5,272,000 | 7,081,000 |
| Noninterest income | 178,000 | 361,000 | 547,000 | 732,000 |
| Noninterest expense | 1,651,000 | 3,208,000 | 4,813,000 | 6,626,000 |
| Provision for loan losses | 56,000 | 403,000 | 873,000 | 1,468,000 |
| Pretax income | 230,000 | 218,000 | 133,000 | -281,000 |
| Income tax | 79,000 | 58,000 | 6,000 | -181,000 |
| Net income | 151,000 | 160,000 | 127,000 | -100,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,261,000 | 13,273,000 | 13,298,000 | 13,073,000 |
| Total capital | 14,637,000 | 14,941,000 | 14,976,000 | 14,722,000 |
| Risk-weighted assets | 120,932,000 | 133,461,000 | 134,247,000 | 134,568,000 |