Call reports 2008
ATLANTIC SOUTHERN BANK — 2008
What ATLANTIC 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 | 890,886,000 | 978,559,000 | 985,265,000 | 989,728,000 |
| Total loans | 723,484,000 | 794,744,000 | 795,070,000 | 794,175,000 |
| Allowance for loan losses | 9,158,000 | 9,734,000 | 10,312,000 | 11,672,000 |
| Securities available for sale | 76,171,000 | 85,248,000 | 101,369,000 | 100,619,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 744,158,000 | 836,601,000 | 847,273,000 | 837,173,000 |
| Interest-bearing deposits | 694,951,000 | 785,006,000 | 799,546,000 | 787,969,000 |
| Noninterest-bearing deposits | 49,207,000 | 51,595,000 | 47,727,000 | 49,204,000 |
| Equity capital | 98,606,000 | 98,324,000 | 98,583,000 | 97,586,000 |
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 | 14,420,000 | 27,895,000 | 41,617,000 | 54,698,000 |
| Interest expense | 7,973,000 | 15,358,000 | 22,938,000 | 30,414,000 |
| Net interest income | 6,447,000 | 12,537,000 | 18,679,000 | 24,284,000 |
| Noninterest income | 929,000 | 2,115,000 | 3,094,000 | 3,948,000 |
| Noninterest expense | 5,087,000 | 10,295,000 | 15,908,000 | 21,207,000 |
| Provision for loan losses | 402,000 | 1,348,000 | 2,255,000 | 7,443,000 |
| Pretax income | 1,919,000 | 3,049,000 | 2,489,000 | -1,494,000 |
| Income tax | 585,000 | 875,000 | 545,000 | -1,357,000 |
| Net income | 1,334,000 | 2,174,000 | 1,944,000 | -137,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 74,958,000 | 75,981,000 | 75,970,000 | 74,332,000 |
| Total capital | 84,116,000 | 85,715,000 | 87,237,000 | 86,181,000 |
| Risk-weighted assets | 760,982,000 | 834,541,000 | 826,142,000 | 834,665,000 |