Call reports 2008
UNITED SOUTHERN BANK — 2008
What UNITED SOUTHERN 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 | 207,142,000 | 209,348,000 | 205,377,000 | 202,658,000 |
| Total loans | 118,169,000 | 131,100,000 | 143,036,000 | 153,485,000 |
| Allowance for loan losses | 1,005,000 | 1,022,000 | 1,286,000 | 1,320,000 |
| Securities available for sale | 60,017,000 | 62,485,000 | 46,838,000 | 29,589,000 |
| Securities held to maturity | 3,363,000 | 2,448,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 189,901,000 | 188,976,000 | 188,769,000 | 185,411,000 |
| Interest-bearing deposits | 169,109,000 | 167,645,000 | 168,185,000 | 163,454,000 |
| Noninterest-bearing deposits | 20,792,000 | 21,331,000 | 20,584,000 | 21,957,000 |
| Equity capital | 16,446,000 | 16,316,000 | 16,067,000 | 16,572,000 |
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 | 2,883,000 | 5,745,000 | 8,588,000 | 11,322,000 |
| Interest expense | 1,711,000 | 3,329,000 | 4,814,000 | 6,152,000 |
| Net interest income | 1,172,000 | 2,416,000 | 3,774,000 | 5,170,000 |
| Noninterest income | 225,000 | 471,000 | 681,000 | 892,000 |
| Noninterest expense | 1,095,000 | 2,228,000 | 3,436,000 | 4,716,000 |
| Provision for loan losses | 24,000 | 64,000 | 269,000 | 304,000 |
| Pretax income | 278,000 | 626,000 | 951,000 | 1,264,000 |
| Income tax | 27,000 | 137,000 | 242,000 | 357,000 |
| Net income | 251,000 | 489,000 | 709,000 | 907,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,963,000 | 16,194,000 | 16,412,000 | 16,510,000 |
| Total capital | 16,968,000 | 17,216,000 | 17,698,000 | 17,830,000 |
| Risk-weighted assets | 133,439,000 | 142,741,000 | 146,458,000 | 149,151,000 |