Call reports 2008
FIRST STATE BANK — 2008
What FIRST STATE 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 | 54,839,000 | 53,234,000 | 51,430,000 | 51,367,000 |
| Total loans | 22,693,000 | 23,072,000 | 23,349,000 | 24,583,000 |
| Allowance for loan losses | 308,000 | 303,000 | 303,000 | 311,000 |
| Securities available for sale | 20,706,000 | 19,520,000 | 16,957,000 | 15,247,000 |
| Securities held to maturity | 18,000 | 14,000 | 14,000 | 14,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,924,000 | 48,419,000 | 47,081,000 | 47,215,000 |
| Interest-bearing deposits | 38,540,000 | 36,440,000 | 36,220,000 | 36,376,000 |
| Noninterest-bearing deposits | 11,384,000 | 11,979,000 | 10,861,000 | 10,839,000 |
| Equity capital | 4,688,000 | 4,651,000 | 4,172,000 | 3,937,000 |
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 | 839,000 | 1,675,000 | 2,454,000 | 3,227,000 |
| Interest expense | 273,000 | 526,000 | 744,000 | 958,000 |
| Net interest income | 566,000 | 1,149,000 | 1,710,000 | 2,269,000 |
| Noninterest income | 210,000 | 432,000 | 1,278,000 | 814,000 |
| Noninterest expense | 605,000 | 1,120,000 | 1,681,000 | 2,348,000 |
| Provision for loan losses | 20,000 | 69,000 | 112,000 | 180,000 |
| Pretax income | 190,000 | 437,000 | 1,240,000 | -1,413,000 |
| Income tax | 23,000 | 49,000 | 60,000 | 0 |
| Net income | 167,000 | 388,000 | 1,180,000 | -740,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,355,000 | 4,745,000 | 4,295,000 | 3,658,000 |
| Total capital | 4,663,000 | 5,048,000 | 4,598,000 | 3,969,000 |
| Risk-weighted assets | 38,475,000 | 34,878,000 | 34,793,000 | 36,700,000 |