Call reports 2008
SECURITY BANK OF NORTH FULTON — 2008
What SECURITY BANK OF NORTH FULTON 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 | 177,999,000 | 182,458,000 | 197,091,000 | 200,685,000 |
| Total loans | 129,736,000 | 134,512,000 | 133,209,000 | 125,606,000 |
| Allowance for loan losses | 1,950,000 | 1,179,000 | 2,479,000 | 3,051,000 |
| Securities available for sale | 12,913,000 | 22,223,000 | 22,111,000 | 22,469,000 |
| Securities held to maturity | 1,000,000 | 1,000,000 | 1,000,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 138,713,000 | 166,707,000 | 175,148,000 | 180,086,000 |
| Interest-bearing deposits | 132,413,000 | 159,004,000 | 167,997,000 | 174,540,000 |
| Noninterest-bearing deposits | 6,300,000 | 7,703,000 | 7,151,000 | 5,546,000 |
| Equity capital | 37,728,000 | 14,454,000 | 13,559,000 | 9,239,000 |
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 | 2,498,000 | 4,856,000 | 7,226,000 | 9,267,000 |
| Interest expense | 1,650,000 | 3,225,000 | 4,953,000 | 6,757,000 |
| Net interest income | 848,000 | 1,631,000 | 2,273,000 | 2,510,000 |
| Noninterest income | 32,000 | -206,000 | -326,000 | -427,000 |
| Noninterest expense | 1,086,000 | 24,144,000 | 25,151,000 | 26,158,000 |
| Provision for loan losses | 0 | 1,746,000 | 3,052,000 | 4,407,000 |
| Pretax income | -190,000 | -24,449,000 | -26,240,000 | -28,466,000 |
| Income tax | -70,000 | -966,000 | -1,614,000 | 1,060,000 |
| Net income | -120,000 | -23,483,000 | -24,626,000 | -29,526,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,021,000 | 14,592,000 | 13,623,000 | 8,744,000 |
| Total capital | 16,907,000 | 15,771,000 | 15,487,000 | 10,454,000 |
| Risk-weighted assets | 150,762,000 | 154,985,000 | 148,515,000 | 135,437,000 |