Call reports 2008
STATE BANK OF SOUTHERN UTAH — 2008
What STATE BANK OF SOUTHERN UTAH 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 | 599,643,000 | 602,841,000 | 613,906,000 | 611,210,000 |
| Total loans | 430,652,000 | 440,927,000 | 441,670,000 | 446,498,000 |
| Allowance for loan losses | 4,603,000 | 4,933,000 | 4,957,000 | 5,307,000 |
| Securities available for sale | 121,721,000 | 117,459,000 | 118,212,000 | 117,044,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 509,527,000 | 500,233,000 | 501,224,000 | 498,080,000 |
| Interest-bearing deposits | 415,685,000 | 404,580,000 | 407,893,000 | 406,569,000 |
| Noninterest-bearing deposits | 93,842,000 | 95,653,000 | 93,331,000 | 91,511,000 |
| Equity capital | 71,612,000 | 72,714,000 | 74,522,000 | 76,740,000 |
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 | 10,180,000 | 19,692,000 | 29,146,000 | 38,083,000 |
| Interest expense | 3,979,000 | 7,471,000 | 10,827,000 | 14,002,000 |
| Net interest income | 6,201,000 | 12,221,000 | 18,319,000 | 24,081,000 |
| Noninterest income | 1,276,000 | 2,692,000 | 4,304,000 | 5,235,000 |
| Noninterest expense | 4,374,000 | 8,325,000 | 12,381,000 | 16,753,000 |
| Provision for loan losses | 369,000 | 724,000 | 1,024,000 | 2,182,000 |
| Pretax income | 2,937,000 | 6,067,000 | 9,418,000 | 10,581,000 |
| Income tax | 955,000 | 1,760,000 | 2,763,000 | 2,857,000 |
| Net income | 1,982,000 | 4,307,000 | 6,655,000 | 7,724,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 70,263,000 | 72,612,000 | 74,134,000 | 75,355,000 |
| Total capital | 75,337,000 | 78,031,000 | 79,550,000 | 80,983,000 |
| Risk-weighted assets | 497,889,000 | 505,907,000 | 509,497,000 | 533,180,000 |