Call reports 2008
COMMERCIAL STATE BANK — 2008
What COMMERCIAL 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 | 50,002,000 | 51,430,000 | 53,529,000 | 55,551,000 |
| Total loans | 11,730,000 | 12,055,000 | 12,920,000 | 13,870,000 |
| Allowance for loan losses | 215,000 | 207,000 | 213,000 | 213,000 |
| Securities available for sale | 30,994,000 | 33,261,000 | 34,821,000 | 34,184,000 |
| Securities held to maturity | 2,203,000 | 2,203,000 | 2,203,000 | 2,203,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,645,000 | 34,988,000 | 36,485,000 | 37,338,000 |
| Interest-bearing deposits | 33,236,000 | 33,760,000 | 35,133,000 | 35,714,000 |
| Noninterest-bearing deposits | 1,409,000 | 1,228,000 | 1,352,000 | 1,624,000 |
| Equity capital | 9,688,000 | 9,562,000 | 9,754,000 | 10,140,000 |
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 | 757,000 | 1,514,000 | 2,306,000 | 3,140,000 |
| Interest expense | 374,000 | 721,000 | 1,065,000 | 1,401,000 |
| Net interest income | 383,000 | 793,000 | 1,241,000 | 1,739,000 |
| Noninterest income | 13,000 | 22,000 | 34,000 | 57,000 |
| Noninterest expense | 147,000 | 294,000 | 436,000 | 708,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 249,000 | 521,000 | 839,000 | 1,088,000 |
| Income tax | 48,000 | 103,000 | 172,000 | 179,000 |
| Net income | 201,000 | 418,000 | 667,000 | 909,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,253,000 | 9,470,000 | 9,718,000 | 9,961,000 |
| Total capital | 9,461,000 | 9,677,000 | 9,931,000 | 10,174,000 |
| Risk-weighted assets | 16,657,000 | 16,766,000 | 17,680,000 | 18,955,000 |