Call reports 2008
22ND STATE BANKING COMPANY — 2008
What 22ND STATE BANKING COMPANY 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 | 127,192,000 | 142,617,000 | 155,505,000 | 162,688,000 |
| Total loans | 98,476,000 | 116,186,000 | 121,973,000 | 132,399,000 |
| Allowance for loan losses | 970,000 | 1,137,000 | 1,333,000 | 2,518,000 |
| Securities available for sale | 16,195,000 | 17,039,000 | 19,043,000 | 19,766,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,724,000 | 125,441,000 | 138,008,000 | 145,319,000 |
| Interest-bearing deposits | 104,235,000 | 116,530,000 | 130,185,000 | 137,092,000 |
| Noninterest-bearing deposits | 6,489,000 | 8,911,000 | 7,823,000 | 8,227,000 |
| Equity capital | 10,599,000 | 11,418,000 | 11,629,000 | 11,588,000 |
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 | 2,103,000 | 4,318,000 | 6,676,000 | 9,213,000 |
| Interest expense | 1,190,000 | 2,408,000 | 3,696,000 | 5,023,000 |
| Net interest income | 913,000 | 1,910,000 | 2,980,000 | 4,190,000 |
| Noninterest income | 56,000 | 9,000 | 85,000 | 183,000 |
| Noninterest expense | 824,000 | 1,791,000 | 2,763,000 | 3,720,000 |
| Provision for loan losses | 0 | 150,000 | 350,000 | 1,511,000 |
| Pretax income | 151,000 | -16,000 | -40,000 | -850,000 |
| Income tax | 5,000 | 0 | -11,000 | -74,000 |
| Net income | 146,000 | -16,000 | -29,000 | -776,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,794,000 | 11,931,000 | 12,018,000 | 12,021,000 |
| Total capital | 11,764,000 | 13,068,000 | 13,351,000 | 13,660,000 |
| Risk-weighted assets | 101,259,000 | 115,459,000 | 122,279,000 | 130,220,000 |