Call reports 2008
PRODUCE STATE BANK — 2008
What PRODUCE 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 | 31,067,000 | 30,287,000 | 29,703,000 | 30,742,000 |
| Total loans | 24,155,000 | 23,178,000 | 23,179,000 | 24,021,000 |
| Allowance for loan losses | 309,000 | 324,000 | 339,000 | 349,000 |
| Securities available for sale | 1,383,000 | 1,402,000 | 2,051,000 | 1,951,000 |
| Securities held to maturity | 216,000 | 216,000 | 208,000 | 208,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,529,000 | 25,568,000 | 24,750,000 | 25,892,000 |
| Interest-bearing deposits | 22,455,000 | 22,635,000 | 21,965,000 | 22,321,000 |
| Noninterest-bearing deposits | 4,074,000 | 2,933,000 | 2,785,000 | 3,571,000 |
| Equity capital | 4,343,000 | 4,467,000 | 4,638,000 | 4,715,000 |
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 | 529,000 | 1,020,000 | 1,519,000 | 2,005,000 |
| Interest expense | 186,000 | 351,000 | 506,000 | 652,000 |
| Net interest income | 343,000 | 669,000 | 1,013,000 | 1,353,000 |
| Noninterest income | 49,000 | 106,000 | 181,000 | 251,000 |
| Noninterest expense | 229,000 | 469,000 | 703,000 | 978,000 |
| Provision for loan losses | 17,000 | 26,000 | 38,000 | 102,000 |
| Pretax income | 146,000 | 280,000 | 453,000 | 524,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 146,000 | 280,000 | 453,000 | 524,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,323,000 | 4,458,000 | 4,630,000 | 4,702,000 |
| Total capital | 4,627,000 | 4,754,000 | 4,924,000 | 5,007,000 |
| Risk-weighted assets | 24,341,000 | 23,634,000 | 23,471,000 | 24,376,000 |