Call reports 2008
FIRST PIEDMONT BANK — 2008
What FIRST PIEDMONT 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 | 132,774,000 | 132,612,000 | 129,195,000 | 122,806,000 |
| Total loans | 99,770,000 | 95,147,000 | 90,030,000 | 83,618,000 |
| Allowance for loan losses | 2,059,000 | 1,435,000 | 2,205,000 | 1,933,000 |
| Securities available for sale | 13,595,000 | 12,768,000 | 12,766,000 | 13,118,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 118,115,000 | 118,398,000 | 118,016,000 | 114,203,000 |
| Interest-bearing deposits | 109,796,000 | 110,110,000 | 108,593,000 | 107,587,000 |
| Noninterest-bearing deposits | 8,319,000 | 8,288,000 | 9,422,000 | 6,616,000 |
| Equity capital | 11,934,000 | 11,468,000 | 8,480,000 | 6,035,000 |
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 | 2,026,000 | 3,626,000 | 5,080,000 | 6,177,000 |
| Interest expense | 1,310,000 | 2,486,000 | 3,611,000 | 4,730,000 |
| Net interest income | 716,000 | 1,140,000 | 1,469,000 | 1,447,000 |
| Noninterest income | 51,000 | 47,000 | -1,830,000 | -958,000 |
| Noninterest expense | 1,046,000 | 1,922,000 | 2,817,000 | 3,503,000 |
| Provision for loan losses | 75,000 | 83,000 | 836,000 | 3,719,000 |
| Pretax income | -354,000 | -817,000 | -4,012,000 | -6,728,000 |
| Income tax | -130,000 | -299,000 | -500,000 | -500,000 |
| Net income | -224,000 | -518,000 | -3,512,000 | -6,228,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,831,000 | 11,542,000 | 8,555,000 | 5,845,000 |
| Total capital | 13,284,000 | 12,977,000 | 9,936,000 | 7,149,000 |
| Risk-weighted assets | 115,601,000 | 115,028,000 | 109,618,000 | 103,657,000 |