Call reports 2008
PIERCE COMMERCIAL BANK — 2008
What PIERCE COMMERCIAL 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 | 266,966,000 | 268,585,000 | 270,753,000 | 261,857,000 |
| Total loans | 229,941,000 | 234,716,000 | 238,317,000 | 242,633,000 |
| Allowance for loan losses | 2,895,000 | 2,876,000 | 3,048,000 | 3,049,000 |
| Securities available for sale | 8,205,000 | 6,999,000 | 7,008,000 | 7,287,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 234,794,000 | 236,292,000 | 238,507,000 | 230,983,000 |
| Interest-bearing deposits | 210,776,000 | 213,048,000 | 215,814,000 | 205,002,000 |
| Noninterest-bearing deposits | 24,018,000 | 23,244,000 | 22,693,000 | 25,981,000 |
| Equity capital | 24,680,000 | 25,129,000 | 25,457,000 | 24,881,000 |
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 | 4,071,000 | 7,983,000 | 11,936,000 | 15,437,000 |
| Interest expense | 1,917,000 | 3,587,000 | 5,268,000 | 6,781,000 |
| Net interest income | 2,154,000 | 4,396,000 | 6,668,000 | 8,656,000 |
| Noninterest income | 3,793,000 | 9,771,000 | 15,694,000 | 19,013,000 |
| Noninterest expense | 4,844,000 | 11,388,000 | 18,190,000 | 23,825,000 |
| Provision for loan losses | 150,000 | 300,000 | 600,000 | 900,000 |
| Pretax income | 953,000 | 2,479,000 | 3,572,000 | 3,242,000 |
| Income tax | 330,000 | 859,000 | 1,238,000 | 1,142,000 |
| Net income | 623,000 | 1,620,000 | 2,334,000 | 2,100,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,410,000 | 24,994,000 | 25,315,000 | 24,688,000 |
| Total capital | 27,152,000 | 27,774,000 | 28,155,000 | 27,580,000 |
| Risk-weighted assets | 219,169,000 | 222,273,000 | 226,910,000 | 230,859,000 |