Call reports 2008
PEOPLES STATE BANK — 2008
What PEOPLES 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 | 27,192,000 | 30,033,000 | 29,130,000 | 29,233,000 |
| Total loans | 19,214,000 | 19,450,000 | 21,138,000 | 21,314,000 |
| Allowance for loan losses | 316,000 | 320,000 | 320,000 | 366,000 |
| Securities available for sale | 1,375,000 | 1,332,000 | 1,114,000 | 1,104,000 |
| Securities held to maturity | 455,000 | 455,000 | 455,000 | 455,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,658,000 | 24,535,000 | 23,803,000 | 24,597,000 |
| Interest-bearing deposits | 17,733,000 | 20,768,000 | 20,404,000 | 21,140,000 |
| Noninterest-bearing deposits | 3,925,000 | 3,767,000 | 3,399,000 | 3,457,000 |
| Equity capital | 5,169,000 | 5,137,000 | 4,990,000 | 4,420,000 |
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 | 432,000 | 793,000 | 1,154,000 | 1,490,000 |
| Interest expense | 134,000 | 276,000 | 419,000 | 568,000 |
| Net interest income | 298,000 | 517,000 | 735,000 | 922,000 |
| Noninterest income | 40,000 | 78,000 | 122,000 | 165,000 |
| Noninterest expense | 249,000 | 543,000 | 842,000 | 1,107,000 |
| Provision for loan losses | 52,000 | 52,000 | 53,000 | 123,000 |
| Pretax income | 80,000 | 45,000 | 12,000 | -93,000 |
| Income tax | 30,000 | 18,000 | 7,000 | -21,000 |
| Net income | 50,000 | 27,000 | 5,000 | -72,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,969,000 | 2,954,000 | 2,815,000 | 2,245,000 |
| Total capital | 3,204,000 | 3,208,000 | 3,083,000 | 2,516,000 |
| Risk-weighted assets | 18,740,000 | 20,272,000 | 21,399,000 | 21,594,000 |