Call reports 2008
FIRST NATIONAL BANK OF SOUTH MIAMI — 2008
What FIRST NATIONAL BANK OF SOUTH MIAMI 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 | 290,688,000 | 295,586,000 | 289,273,000 | 290,223,000 |
| Total loans | 104,132,000 | 102,439,000 | 104,958,000 | 113,270,000 |
| Allowance for loan losses | 805,000 | 781,000 | 722,000 | 980,000 |
| Securities available for sale | 95,666,000 | 88,734,000 | 95,657,000 | 104,424,000 |
| Securities held to maturity | 60,197,000 | 62,629,000 | 60,537,000 | 58,588,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 178,294,000 | 191,042,000 | 185,670,000 | 188,807,000 |
| Interest-bearing deposits | 125,503,000 | 136,812,000 | 131,445,000 | 136,125,000 |
| Noninterest-bearing deposits | 52,792,000 | 54,231,000 | 54,225,000 | 52,682,000 |
| Equity capital | 34,960,000 | 34,739,000 | 34,840,000 | 33,354,000 |
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 | 3,727,000 | 7,189,000 | 10,828,000 | 14,277,000 |
| Interest expense | 1,105,000 | 1,993,000 | 2,862,000 | 3,754,000 |
| Net interest income | 2,622,000 | 5,196,000 | 7,966,000 | 10,523,000 |
| Noninterest income | 460,000 | 876,000 | 1,338,000 | 1,837,000 |
| Noninterest expense | 2,636,000 | 5,246,000 | 7,667,000 | 10,192,000 |
| Provision for loan losses | 16,000 | 24,000 | 334,000 | 1,580,000 |
| Pretax income | 515,000 | 907,000 | 1,407,000 | 692,000 |
| Income tax | 216,000 | 381,000 | 591,000 | 286,000 |
| Net income | 299,000 | 526,000 | 816,000 | 406,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,037,000 | 34,265,000 | 34,554,000 | 34,145,000 |
| Total capital | 34,907,000 | 35,112,000 | 35,342,000 | 35,191,000 |
| Risk-weighted assets | 153,827,000 | 156,937,000 | 158,966,000 | 173,873,000 |