Call reports 2008
FIRST COMMUNITY BANK OF TIFTON — 2008
What FIRST COMMUNITY BANK OF TIFTON 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 | 285,991,000 | 292,670,000 | 301,039,000 | 321,808,000 |
| Total loans | 210,664,000 | 221,224,000 | 225,825,000 | 225,455,000 |
| Allowance for loan losses | 3,111,000 | 3,456,000 | 3,104,000 | 4,386,000 |
| Securities available for sale | 55,751,000 | 56,542,000 | 61,640,000 | 66,253,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 242,758,000 | 243,252,000 | 250,388,000 | 276,224,000 |
| Interest-bearing deposits | 230,597,000 | 231,390,000 | 239,161,000 | 244,068,000 |
| Noninterest-bearing deposits | 12,161,000 | 11,862,000 | 11,227,000 | 32,156,000 |
| Equity capital | 22,202,000 | 21,883,000 | 22,237,000 | 23,688,000 |
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 | 4,515,000 | 8,898,000 | 13,287,000 | 17,525,000 |
| Interest expense | 1,750,000 | 3,350,000 | 4,957,000 | 6,574,000 |
| Net interest income | 2,765,000 | 5,548,000 | 8,330,000 | 10,951,000 |
| Noninterest income | 555,000 | 1,206,000 | 1,795,000 | 2,342,000 |
| Noninterest expense | 1,685,000 | 3,347,000 | 4,990,000 | 6,613,000 |
| Provision for loan losses | -365,000 | 186,000 | 538,000 | 2,333,000 |
| Pretax income | 2,000,000 | 3,221,000 | 4,597,000 | 4,347,000 |
| Income tax | 728,000 | 1,131,000 | 1,621,000 | 1,487,000 |
| Net income | 1,272,000 | 2,090,000 | 2,976,000 | 2,860,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,076,000 | 21,505,000 | 21,892,000 | 22,017,000 |
| Total capital | 23,956,000 | 24,481,000 | 24,938,000 | 25,058,000 |
| Risk-weighted assets | 230,114,000 | 237,629,000 | 243,648,000 | 241,950,000 |