Call reports 2008
FIRST SECURE COMMUNITY BANK — 2008
What FIRST SECURE COMMUNITY 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 | 123,606,000 | 128,009,000 | 124,898,000 | 114,611,000 |
| Total loans | 94,854,000 | 92,982,000 | 89,251,000 | 88,520,000 |
| Allowance for loan losses | 1,094,000 | 1,124,000 | 936,000 | 1,461,000 |
| Securities available for sale | 19,878,000 | 21,930,000 | 22,223,000 | 17,690,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,991,000 | 117,444,000 | 114,168,000 | 104,020,000 |
| Interest-bearing deposits | 108,196,000 | 112,089,000 | 110,320,000 | 101,824,000 |
| Noninterest-bearing deposits | 2,795,000 | 5,355,000 | 3,848,000 | 2,196,000 |
| Equity capital | 9,952,000 | 9,843,000 | 9,930,000 | 9,907,000 |
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 | 1,994,000 | 3,884,000 | 5,719,000 | 7,420,000 |
| Interest expense | 1,274,000 | 2,457,000 | 3,589,000 | 4,608,000 |
| Net interest income | 720,000 | 1,427,000 | 2,130,000 | 2,812,000 |
| Noninterest income | 19,000 | 38,000 | 57,000 | 83,000 |
| Noninterest expense | 474,000 | 981,000 | 1,470,000 | 2,051,000 |
| Provision for loan losses | 330,000 | 486,000 | 718,000 | 1,380,000 |
| Pretax income | -65,000 | 13,000 | 14,000 | -521,000 |
| Income tax | -40,000 | -24,000 | -36,000 | -255,000 |
| Net income | -25,000 | 37,000 | 50,000 | -266,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,793,000 | 9,855,000 | 10,068,000 | 9,751,000 |
| Total capital | 10,887,000 | 10,979,000 | 11,004,000 | 10,933,000 |
| Risk-weighted assets | 101,305,000 | 100,538,000 | 97,073,000 | 94,262,000 |