Call reports 2008
CHARLOTTE STATE BANK & TRUST — 2008
What CHARLOTTE STATE BANK & TRUST 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 | 240,639,000 | 233,697,000 | 240,354,000 | 245,371,000 |
| Total loans | 176,031,000 | 176,646,000 | 174,231,000 | 174,061,000 |
| Allowance for loan losses | 3,378,000 | 3,688,000 | 2,335,000 | 2,892,000 |
| Securities available for sale | 42,778,000 | 41,392,000 | 39,285,000 | 39,150,000 |
| Securities held to maturity | 1,500,000 | 1,499,000 | 2,958,000 | 3,908,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 215,083,000 | 204,337,000 | 215,200,000 | 222,646,000 |
| Interest-bearing deposits | 204,169,000 | 194,903,000 | 206,089,000 | 213,967,000 |
| Noninterest-bearing deposits | 10,914,000 | 9,434,000 | 9,111,000 | 8,679,000 |
| Equity capital | 21,027,000 | 21,320,000 | 20,954,000 | 18,678,000 |
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 | 3,950,000 | 7,798,000 | 11,486,000 | 14,949,000 |
| Interest expense | 1,537,000 | 2,754,000 | 3,925,000 | 5,192,000 |
| Net interest income | 2,413,000 | 5,044,000 | 7,561,000 | 9,757,000 |
| Noninterest income | 809,000 | 1,604,000 | 2,345,000 | 2,936,000 |
| Noninterest expense | 2,228,000 | 4,454,000 | 6,645,000 | 8,731,000 |
| Provision for loan losses | 684,000 | 1,368,000 | 1,803,000 | 3,509,000 |
| Pretax income | 310,000 | 826,000 | 1,474,000 | 469,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 310,000 | 826,000 | 1,474,000 | 469,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,430,000 | 20,957,000 | 21,107,000 | 18,615,000 |
| Total capital | 22,725,000 | 23,247,000 | 23,384,000 | 20,919,000 |
| Risk-weighted assets | 182,473,000 | 181,504,000 | 182,019,000 | 183,443,000 |