Call reports 2008
SECURITY SAVINGS BANK — 2008
What SECURITY SAVINGS 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 | 120,988,000 | 117,602,000 | 122,088,000 | 123,529,000 |
| Total loans | 99,673,000 | 100,086,000 | 104,041,000 | 106,612,000 |
| Allowance for loan losses | 942,000 | 942,000 | 942,000 | 1,079,000 |
| Securities available for sale | 2,778,000 | 2,106,000 | 2,094,000 | 1,014,000 |
| Securities held to maturity | 2,288,000 | 2,270,000 | 2,265,000 | 2,228,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 96,211,000 | 91,855,000 | 91,485,000 | 96,681,000 |
| Interest-bearing deposits | 84,407,000 | 79,659,000 | 79,706,000 | 83,780,000 |
| Noninterest-bearing deposits | 11,804,000 | 12,196,000 | 11,779,000 | 12,901,000 |
| Equity capital | 14,008,000 | 14,381,000 | 14,765,000 | 14,750,000 |
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 | 1,911,000 | 3,817,000 | 5,720,000 | 7,613,000 |
| Interest expense | 884,000 | 1,661,000 | 2,387,000 | 3,078,000 |
| Net interest income | 1,027,000 | 2,156,000 | 3,333,000 | 4,535,000 |
| Noninterest income | 123,000 | 240,000 | 382,000 | 485,000 |
| Noninterest expense | 679,000 | 1,380,000 | 2,058,000 | 2,742,000 |
| Provision for loan losses | 0 | 0 | 0 | 150,000 |
| Pretax income | 484,000 | 1,030,000 | 1,671,000 | 2,142,000 |
| Income tax | 21,000 | 43,000 | 72,000 | 104,000 |
| Net income | 463,000 | 987,000 | 1,599,000 | 2,038,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,380,000 | 10,770,000 | 11,167,000 | 11,149,000 |
| Total capital | 11,322,000 | 11,712,000 | 12,109,000 | 12,228,000 |
| Risk-weighted assets | 106,197,000 | 105,095,000 | 109,829,000 | 112,353,000 |