Call reports 2008
SCHWERTNER STATE BANK — 2008
What SCHWERTNER 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 | 33,664,000 | 34,986,000 | 35,114,000 | 35,994,000 |
| Total loans | 10,011,000 | 9,400,000 | 8,565,000 | 8,196,000 |
| Allowance for loan losses | 135,000 | 114,000 | 114,000 | 113,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 14,991,000 | 15,727,000 | 18,474,000 | 17,250,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,515,000 | 30,797,000 | 30,797,000 | 31,616,000 |
| Interest-bearing deposits | 22,519,000 | 22,460,000 | 22,927,000 | 22,007,000 |
| Noninterest-bearing deposits | 6,995,000 | 8,337,000 | 7,869,000 | 9,608,000 |
| Equity capital | 3,989,000 | 4,072,000 | 4,183,000 | 4,238,000 |
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 | 460,000 | 877,000 | 1,319,000 | 1,724,000 |
| Interest expense | 113,000 | 209,000 | 295,000 | 373,000 |
| Net interest income | 347,000 | 668,000 | 1,024,000 | 1,351,000 |
| Noninterest income | 33,000 | 63,000 | 117,000 | 157,000 |
| Noninterest expense | 240,000 | 466,000 | 718,000 | 1,032,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 140,000 | 265,000 | 423,000 | 476,000 |
| Income tax | 42,000 | 83,000 | 130,000 | 128,000 |
| Net income | 98,000 | 182,000 | 293,000 | 348,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,989,000 | 4,072,000 | 4,183,000 | 4,238,000 |
| Total capital | 4,124,000 | 4,186,000 | 4,297,000 | 4,351,000 |
| Risk-weighted assets | 16,190,000 | 15,887,000 | 14,967,000 | 15,348,000 |