Call reports 2008
SECURITY STATE BANK — 2008
What SECURITY STATE 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 | 110,698,000 | 107,943,000 | 107,801,000 | 113,240,000 |
| Total loans | 84,007,000 | 84,534,000 | 86,360,000 | 89,505,000 |
| Allowance for loan losses | 664,000 | 663,000 | 663,000 | 685,000 |
| Securities available for sale | 10,089,000 | 8,918,000 | 11,408,000 | 13,770,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 88,308,000 | 88,042,000 | 85,979,000 | 91,080,000 |
| Interest-bearing deposits | 79,296,000 | 78,603,000 | 76,751,000 | 88,310,000 |
| Noninterest-bearing deposits | 9,011,000 | 9,439,000 | 9,228,000 | 2,770,000 |
| Equity capital | 8,394,000 | 8,521,000 | 8,710,000 | 9,040,000 |
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 | 1,703,000 | 3,314,000 | 4,919,000 | 6,537,000 |
| Interest expense | 829,000 | 1,526,000 | 2,161,000 | 2,779,000 |
| Net interest income | 874,000 | 1,788,000 | 2,758,000 | 3,758,000 |
| Noninterest income | 71,000 | 144,000 | 234,000 | 318,000 |
| Noninterest expense | 618,000 | 1,243,000 | 1,876,000 | 2,504,000 |
| Provision for loan losses | 0 | 0 | 0 | 25,000 |
| Pretax income | 327,000 | 689,000 | 1,116,000 | 1,547,000 |
| Income tax | 113,000 | 240,000 | 392,000 | 543,000 |
| Net income | 214,000 | 449,000 | 724,000 | 1,004,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,352,000 | 8,518,000 | 8,713,000 | 8,897,000 |
| Total capital | 9,016,000 | 9,182,000 | 9,376,000 | 9,581,000 |
| Risk-weighted assets | 80,296,000 | 80,991,000 | 82,417,000 | 85,607,000 |