Call reports 2008
FIRST NATIONAL BANK OF SOUTH PADRE ISLAND — 2008
What FIRST NATIONAL BANK OF SOUTH PADRE ISLAND 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 | 58,390,000 | 58,414,000 | 60,846,000 | 66,299,000 |
| Total loans | 22,287,000 | 23,612,000 | 24,668,000 | 23,437,000 |
| Allowance for loan losses | 155,000 | 146,000 | 148,000 | 150,000 |
| Securities available for sale | 24,186,000 | 25,420,000 | 26,556,000 | 26,681,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,971,000 | 54,493,000 | 56,342,000 | 60,814,000 |
| Interest-bearing deposits | 42,720,000 | 41,575,000 | 40,126,000 | 40,356,000 |
| Noninterest-bearing deposits | 11,251,000 | 12,919,000 | 16,216,000 | 20,457,000 |
| Equity capital | 4,383,000 | 3,874,000 | 4,407,000 | 5,455,000 |
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 | 798,000 | 1,587,000 | 2,408,000 | 3,174,000 |
| Interest expense | 259,000 | 468,000 | 666,000 | 825,000 |
| Net interest income | 539,000 | 1,119,000 | 1,742,000 | 2,349,000 |
| Noninterest income | 49,000 | 97,000 | 139,000 | 178,000 |
| Noninterest expense | 357,000 | 730,000 | 1,102,000 | 1,462,000 |
| Provision for loan losses | 0 | 0 | 14,000 | 18,000 |
| Pretax income | 272,000 | 534,000 | 813,000 | 1,106,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 272,000 | 534,000 | 813,000 | 1,106,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,231,000 | 4,494,000 | 4,522,000 | 4,814,000 |
| Total capital | 4,386,000 | 4,640,000 | 4,670,000 | 4,964,000 |
| Risk-weighted assets | 26,205,000 | 27,119,000 | 27,826,000 | 26,170,000 |