Call reports 2008
ST. CLAIR COUNTY STATE BANK — 2008
What ST. CLAIR COUNTY 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 | 106,659,000 | 101,819,000 | 101,503,000 | 105,141,000 |
| Total loans | 80,353,000 | 81,268,000 | 81,171,000 | 82,272,000 |
| Allowance for loan losses | 856,000 | 874,000 | 875,000 | 854,000 |
| Securities available for sale | 10,805,000 | 10,330,000 | 10,289,000 | 10,547,000 |
| Securities held to maturity | 4,016,000 | 4,286,000 | 4,282,000 | 4,380,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,928,000 | 89,405,000 | 88,911,000 | 92,368,000 |
| Interest-bearing deposits | 80,732,000 | 79,587,000 | 78,767,000 | 83,672,000 |
| Noninterest-bearing deposits | 9,196,000 | 9,818,000 | 10,144,000 | 8,696,000 |
| Equity capital | 11,156,000 | 11,064,000 | 11,280,000 | 11,525,000 |
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 | 1,775,000 | 3,461,000 | 5,057,000 | 6,604,000 |
| Interest expense | 863,000 | 1,683,000 | 2,404,000 | 3,090,000 |
| Net interest income | 912,000 | 1,778,000 | 2,653,000 | 3,514,000 |
| Noninterest income | 114,000 | 227,000 | 335,000 | 450,000 |
| Noninterest expense | 537,000 | 1,054,000 | 1,573,000 | 2,141,000 |
| Provision for loan losses | 12,000 | 30,000 | 48,000 | 93,000 |
| Pretax income | 477,000 | 921,000 | 1,367,000 | 1,730,000 |
| Income tax | 168,000 | 310,000 | 449,000 | 549,000 |
| Net income | 309,000 | 611,000 | 918,000 | 1,181,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,914,000 | 10,956,000 | 11,163,000 | 11,286,000 |
| Total capital | 11,770,000 | 11,830,000 | 11,997,000 | 12,140,000 |
| Risk-weighted assets | 69,436,000 | 70,104,000 | 66,652,000 | 70,007,000 |