Call reports 2008
BANKSTAR FINANCIAL — 2008
What BANKSTAR FINANCIAL 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 | 51,155,000 | 50,487,000 | 48,579,000 | 48,952,000 |
| Total loans | 37,754,000 | 36,854,000 | 35,555,000 | 35,596,000 |
| Allowance for loan losses | 972,000 | 799,000 | 799,000 | 857,000 |
| Securities available for sale | 6,038,000 | 7,181,000 | 7,068,000 | 8,385,000 |
| Securities held to maturity | 256,000 | 255,000 | 253,000 | 245,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,781,000 | 41,259,000 | 40,126,000 | 39,222,000 |
| Interest-bearing deposits | 35,983,000 | 35,311,000 | 33,064,000 | 32,811,000 |
| Noninterest-bearing deposits | 5,798,000 | 5,948,000 | 7,062,000 | 6,411,000 |
| Equity capital | 4,813,000 | 4,637,000 | 4,721,000 | 4,711,000 |
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 | 847,000 | 1,603,000 | 2,317,000 | 2,996,000 |
| Interest expense | 365,000 | 688,000 | 999,000 | 1,245,000 |
| Net interest income | 482,000 | 915,000 | 1,318,000 | 1,751,000 |
| Noninterest income | 77,000 | 160,000 | 243,000 | 345,000 |
| Noninterest expense | 407,000 | 856,000 | 1,301,000 | 1,751,000 |
| Provision for loan losses | 0 | 0 | 0 | 70,000 |
| Pretax income | 152,000 | 219,000 | 260,000 | 275,000 |
| Income tax | 9,000 | 9,000 | 10,000 | 42,000 |
| Net income | 143,000 | 210,000 | 250,000 | 233,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,716,000 | 4,680,000 | 4,713,000 | 4,497,000 |
| Total capital | 5,230,000 | 5,185,000 | 5,201,000 | 4,981,000 |
| Risk-weighted assets | 40,700,000 | 40,150,000 | 38,705,000 | 38,318,000 |