Call reports 2008
UNITED SECURITY BANK — 2008
What UNITED SECURITY 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 | 759,549,000 | 770,243,000 | 785,290,000 | 758,810,000 |
| Total loans | 571,120,000 | 582,231,000 | 600,391,000 | 543,331,000 |
| Allowance for loan losses | 8,969,000 | 9,267,000 | 14,152,000 | 13,115,000 |
| Securities available for sale | 102,757,000 | 98,259,000 | 96,324,000 | 92,749,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 616,845,000 | 560,749,000 | 602,994,000 | 508,958,000 |
| Interest-bearing deposits | 476,482,000 | 424,009,000 | 448,099,000 | 358,957,000 |
| Noninterest-bearing deposits | 140,362,000 | 136,740,000 | 154,895,000 | 150,000,000 |
| Equity capital | 92,710,000 | 91,555,000 | 90,009,000 | 89,679,000 |
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 | 12,798,000 | 24,285,000 | 35,279,000 | 45,364,000 |
| Interest expense | 4,531,000 | 8,082,000 | 11,435,000 | 14,203,000 |
| Net interest income | 8,267,000 | 16,203,000 | 23,844,000 | 31,161,000 |
| Noninterest income | 1,593,000 | 3,146,000 | 4,628,000 | 5,397,000 |
| Noninterest expense | 5,900,000 | 11,300,000 | 16,382,000 | 21,547,000 |
| Provision for loan losses | 265,000 | 813,000 | 7,215,000 | 9,598,000 |
| Pretax income | 3,719,000 | 7,260,000 | 4,899,000 | 5,437,000 |
| Income tax | 1,346,000 | 2,652,000 | 1,464,000 | 1,497,000 |
| Net income | 2,373,000 | 4,608,000 | 3,435,000 | 3,940,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 78,564,000 | 78,619,000 | 77,576,000 | 78,234,000 |
| Total capital | 87,089,000 | 87,392,000 | 86,536,000 | 86,161,000 |
| Risk-weighted assets | 681,039,000 | 700,893,000 | 711,242,000 | 683,505,000 |