Call reports 2008
GREER STATE BANK — 2008
What GREER 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 | 402,838,000 | 428,880,000 | 430,548,000 | 435,522,000 |
| Total loans | 273,130,000 | 290,227,000 | 299,531,000 | 311,414,000 |
| Allowance for loan losses | 2,316,000 | 2,638,000 | 3,497,000 | 5,127,000 |
| Securities available for sale | 84,921,000 | 91,483,000 | 81,253,000 | 79,874,000 |
| Securities held to maturity | 18,621,000 | 17,545,000 | 16,709,000 | 15,978,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 261,072,000 | 275,463,000 | 280,852,000 | 282,086,000 |
| Interest-bearing deposits | 230,498,000 | 243,966,000 | 247,675,000 | 253,657,000 |
| Noninterest-bearing deposits | 30,574,000 | 31,497,000 | 33,177,000 | 28,429,000 |
| Equity capital | 34,348,000 | 33,103,000 | 26,043,000 | 27,656,000 |
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 | 6,227,000 | 12,129,000 | 18,309,000 | 24,143,000 |
| Interest expense | 3,186,000 | 6,200,000 | 9,205,000 | 12,189,000 |
| Net interest income | 3,041,000 | 5,929,000 | 9,104,000 | 11,954,000 |
| Noninterest income | 749,000 | 1,556,000 | 2,207,000 | 2,772,000 |
| Noninterest expense | 2,537,000 | 5,214,000 | 7,502,000 | 10,261,000 |
| Provision for loan losses | 87,000 | 541,000 | 1,469,000 | 4,230,000 |
| Pretax income | 1,267,000 | 1,930,000 | -5,394,000 | -7,932,000 |
| Income tax | 344,000 | 474,000 | 250,000 | -3,105,000 |
| Net income | 923,000 | 1,456,000 | -5,644,000 | -4,827,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,258,000 | 34,239,000 | 26,755,000 | 25,955,000 |
| Total capital | 36,574,000 | 36,877,000 | 30,252,000 | 30,318,000 |
| Risk-weighted assets | 312,136,000 | 331,057,000 | 333,113,000 | 347,502,000 |