Call reports 2008
SECURITY BUSINESS BANK OF SAN DIEGO — 2008
What SECURITY BUSINESS BANK OF SAN DIEGO 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 | 204,475,000 | 209,232,000 | 215,759,000 | 203,953,000 |
| Total loans | 160,336,000 | 166,063,000 | 173,065,000 | 174,796,000 |
| Allowance for loan losses | 1,841,000 | 1,961,000 | 2,010,000 | 2,565,000 |
| Securities available for sale | 22,276,000 | 20,886,000 | 18,537,000 | 18,215,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 156,794,000 | 168,297,000 | 174,275,000 | 153,368,000 |
| Interest-bearing deposits | 94,110,000 | 104,860,000 | 109,640,000 | 94,478,000 |
| Noninterest-bearing deposits | 62,684,000 | 63,437,000 | 64,635,000 | 58,890,000 |
| Equity capital | 21,156,000 | 21,123,000 | 20,137,000 | 20,446,000 |
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 | 2,909,000 | 5,791,000 | 8,781,000 | 11,608,000 |
| Interest expense | 784,000 | 1,476,000 | 2,202,000 | 2,825,000 |
| Net interest income | 2,125,000 | 4,315,000 | 6,579,000 | 8,783,000 |
| Noninterest income | 190,000 | 477,000 | 696,000 | 925,000 |
| Noninterest expense | 1,685,000 | 3,605,000 | 5,393,000 | 7,090,000 |
| Provision for loan losses | 120,000 | 240,000 | 1,000,000 | 1,555,000 |
| Pretax income | 510,000 | 947,000 | -944,000 | -871,000 |
| Income tax | 201,000 | 362,000 | -304,000 | -271,000 |
| Net income | 309,000 | 585,000 | -640,000 | -600,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,049,000 | 21,285,000 | 20,215,000 | 20,253,000 |
| Total capital | 22,904,000 | 23,260,000 | 22,239,000 | 22,696,000 |
| Risk-weighted assets | 182,152,000 | 187,487,000 | 193,445,000 | 195,291,000 |