Call reports 2008
COMMUNITY FIRSTBANK OF CHARLESTON — 2008
What COMMUNITY FIRSTBANK OF CHARLESTON 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 | 565,629,000 | 572,277,000 | 545,486,000 | 577,743,000 |
| Total loans | 381,843,000 | 381,770,000 | 377,038,000 | 377,136,000 |
| Allowance for loan losses | 5,683,000 | 5,834,000 | 5,595,000 | 5,298,000 |
| Securities available for sale | 130,584,000 | 141,990,000 | 65,768,000 | 72,438,000 |
| Securities held to maturity | 0 | 0 | 72,440,000 | 71,050,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 401,237,000 | 414,250,000 | 342,318,000 | 380,084,000 |
| Interest-bearing deposits | 374,258,000 | 382,458,000 | 315,791,000 | 354,953,000 |
| Noninterest-bearing deposits | 26,979,000 | 31,792,000 | 26,527,000 | 25,131,000 |
| Equity capital | 32,237,000 | 30,751,000 | 29,872,000 | 30,316,000 |
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 | 8,606,000 | 16,457,000 | 24,235,000 | 31,963,000 |
| Interest expense | 4,645,000 | 8,639,000 | 12,420,000 | 16,131,000 |
| Net interest income | 3,961,000 | 7,818,000 | 11,815,000 | 15,832,000 |
| Noninterest income | 304,000 | 584,000 | 890,000 | 1,243,000 |
| Noninterest expense | 2,441,000 | 4,858,000 | 6,685,000 | 8,966,000 |
| Provision for loan losses | 275,000 | 487,000 | 1,781,000 | 3,641,000 |
| Pretax income | 1,889,000 | 3,397,000 | 4,579,000 | 4,895,000 |
| Income tax | 691,000 | 1,241,000 | 1,672,000 | 1,787,000 |
| Net income | 1,198,000 | 2,156,000 | 2,907,000 | 3,108,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,680,000 | 35,638,000 | 36,389,000 | 36,590,000 |
| Total capital | 44,804,000 | 45,850,000 | 46,416,000 | 46,754,000 |
| Risk-weighted assets | 409,379,000 | 416,326,000 | 401,591,000 | 412,956,000 |