Call reports 2008
CHESTATEE STATE BANK — 2008
What CHESTATEE 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 | 298,760,000 | 285,846,000 | 286,137,000 | 269,774,000 |
| Total loans | 246,670,000 | 238,546,000 | 227,149,000 | 217,030,000 |
| Allowance for loan losses | 8,837,000 | 8,404,000 | 9,997,000 | 11,351,000 |
| Securities available for sale | 20,934,000 | 19,485,000 | 20,913,000 | 19,680,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 265,273,000 | 253,127,000 | 254,910,000 | 243,486,000 |
| Interest-bearing deposits | 244,029,000 | 231,755,000 | 235,285,000 | 227,619,000 |
| Noninterest-bearing deposits | 21,244,000 | 21,372,000 | 19,625,000 | 15,867,000 |
| Equity capital | 27,133,000 | 26,501,000 | 24,926,000 | 19,872,000 |
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 | 4,418,000 | 8,199,000 | 11,777,000 | 14,455,000 |
| Interest expense | 2,746,000 | 5,073,000 | 7,334,000 | 9,567,000 |
| Net interest income | 1,672,000 | 3,126,000 | 4,443,000 | 4,888,000 |
| Noninterest income | 237,000 | 382,000 | 595,000 | 844,000 |
| Noninterest expense | 1,817,000 | 3,682,000 | 5,545,000 | 7,544,000 |
| Provision for loan losses | 0 | 180,000 | 2,644,000 | 6,579,000 |
| Pretax income | 92,000 | -354,000 | -3,150,000 | -8,390,000 |
| Income tax | 32,000 | -124,000 | -1,124,000 | -372,000 |
| Net income | 60,000 | -230,000 | -2,026,000 | -8,018,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,892,000 | 26,619,000 | 24,823,000 | 19,631,000 |
| Total capital | 30,354,000 | 29,928,000 | 28,027,000 | 22,763,000 |
| Risk-weighted assets | 271,623,000 | 259,618,000 | 249,517,000 | 242,362,000 |