Call reports 2008
WEST ALABAMA BANK & TRUST — 2008
What WEST ALABAMA BANK & TRUST 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 | 516,504,000 | 513,417,000 | 548,366,000 | 557,250,000 |
| Total loans | 296,251,000 | 306,107,000 | 341,770,000 | 350,670,000 |
| Allowance for loan losses | 2,545,000 | 2,406,000 | 2,813,000 | 2,680,000 |
| Securities available for sale | 171,034,000 | 146,034,000 | 141,251,000 | 142,482,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 375,896,000 | 373,852,000 | 394,200,000 | 397,632,000 |
| Interest-bearing deposits | 359,100,000 | 356,852,000 | 374,766,000 | 380,807,000 |
| Noninterest-bearing deposits | 16,796,000 | 17,000,000 | 19,434,000 | 16,825,000 |
| Equity capital | 59,997,000 | 57,788,000 | 61,132,000 | 61,890,000 |
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 | 7,721,000 | 15,477,000 | 23,225,000 | 30,936,000 |
| Interest expense | 3,553,000 | 6,893,000 | 10,261,000 | 13,715,000 |
| Net interest income | 4,168,000 | 8,584,000 | 12,964,000 | 17,221,000 |
| Noninterest income | 1,081,000 | 2,077,000 | 3,267,000 | 4,362,000 |
| Noninterest expense | 3,200,000 | 6,482,000 | 9,879,000 | 14,397,000 |
| Provision for loan losses | 165,000 | 330,000 | 495,000 | 660,000 |
| Pretax income | 1,881,000 | 3,935,000 | 5,956,000 | 6,822,000 |
| Income tax | 571,000 | 1,147,000 | 1,793,000 | 1,410,000 |
| Net income | 1,310,000 | 2,788,000 | 4,163,000 | 5,412,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,438,000 | 51,884,000 | 52,710,000 | 53,102,000 |
| Total capital | 53,983,000 | 54,290,000 | 55,523,000 | 55,782,000 |
| Risk-weighted assets | 348,072,000 | 361,092,000 | 400,067,000 | 408,783,000 |