Call reports 2008
PIONEER BANK, SSB — 2008
What PIONEER BANK, SSB 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 | 30,004,000 | 42,616,000 | 57,604,000 | 68,964,000 |
| Total loans | 23,717,000 | 33,724,000 | 41,497,000 | 50,273,000 |
| Allowance for loan losses | 296,000 | 422,000 | 503,000 | 594,000 |
| Securities available for sale | 2,705,000 | 2,298,000 | 4,061,000 | 8,097,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,608,000 | 31,418,000 | 47,977,000 | 59,303,000 |
| Interest-bearing deposits | 16,818,000 | 29,045,000 | 44,505,000 | 52,857,000 |
| Noninterest-bearing deposits | 1,790,000 | 2,373,000 | 3,471,000 | 6,447,000 |
| Equity capital | 8,052,000 | 7,819,000 | 7,783,000 | 7,735,000 |
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 | 431,000 | 1,043,000 | 1,786,000 | 2,699,000 |
| Interest expense | 152,000 | 356,000 | 666,000 | 1,075,000 |
| Net interest income | 279,000 | 687,000 | 1,120,000 | 1,624,000 |
| Noninterest income | 57,000 | 89,000 | 133,000 | 178,000 |
| Noninterest expense | 432,000 | 922,000 | 1,425,000 | 2,087,000 |
| Provision for loan losses | 84,000 | 209,000 | 291,000 | 382,000 |
| Pretax income | -180,000 | -355,000 | -463,000 | -667,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -180,000 | -355,000 | -463,000 | -667,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,015,000 | 7,852,000 | 7,756,000 | 7,560,000 |
| Total capital | 8,311,000 | 8,249,000 | 8,259,000 | 8,154,000 |
| Risk-weighted assets | 22,960,000 | 30,996,000 | 40,525,000 | 47,741,000 |