Call reports 2008
SECURITY FIRST BANK OF NORTH DAKOTA — 2008
What SECURITY FIRST BANK OF NORTH DAKOTA 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 | 105,413,000 | 106,536,000 | 110,737,000 | 110,793,000 |
| Total loans | 85,586,000 | 91,342,000 | 92,565,000 | 96,987,000 |
| Allowance for loan losses | 1,158,000 | 1,141,000 | 1,059,000 | 1,046,000 |
| Securities available for sale | 4,116,000 | 3,687,000 | 3,518,000 | 3,429,000 |
| Securities held to maturity | 1,164,000 | 1,159,000 | 1,156,000 | 1,153,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,365,000 | 86,828,000 | 93,630,000 | 93,016,000 |
| Interest-bearing deposits | 78,303,000 | 75,837,000 | 81,901,000 | 80,045,000 |
| Noninterest-bearing deposits | 11,062,000 | 10,991,000 | 11,729,000 | 12,971,000 |
| Equity capital | 9,662,000 | 9,758,000 | 9,915,000 | 10,220,000 |
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 | 1,709,000 | 3,389,000 | 5,139,000 | 6,889,000 |
| Interest expense | 668,000 | 1,237,000 | 1,797,000 | 2,347,000 |
| Net interest income | 1,041,000 | 2,152,000 | 3,342,000 | 4,542,000 |
| Noninterest income | 121,000 | 247,000 | 378,000 | 490,000 |
| Noninterest expense | 774,000 | 1,568,000 | 2,411,000 | 3,241,000 |
| Provision for loan losses | 19,000 | 19,000 | 35,000 | 75,000 |
| Pretax income | 366,000 | 812,000 | 1,274,000 | 1,716,000 |
| Income tax | 26,000 | 56,000 | 90,000 | 99,000 |
| Net income | 340,000 | 756,000 | 1,184,000 | 1,617,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,622,000 | 9,759,000 | 9,927,000 | 10,213,000 |
| Total capital | 10,774,000 | 10,900,000 | 10,986,000 | 11,259,000 |
| Risk-weighted assets | 92,121,000 | 97,319,000 | 99,146,000 | 100,849,000 |