Call reports 2008
SECURITY TRUST & SAVINGS BANK — 2008
What SECURITY TRUST & 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 | 111,012,000 | 108,080,000 | 115,547,000 | 117,536,000 |
| Total loans | 39,613,000 | 41,219,000 | 44,208,000 | 46,569,000 |
| Allowance for loan losses | 376,000 | 353,000 | 359,000 | 422,000 |
| Securities available for sale | 59,901,000 | 58,554,000 | 64,850,000 | 65,346,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 96,838,000 | 94,831,000 | 98,973,000 | 98,201,000 |
| Interest-bearing deposits | 92,806,000 | 90,286,000 | 94,456,000 | 93,530,000 |
| Noninterest-bearing deposits | 4,032,000 | 4,545,000 | 4,517,000 | 4,671,000 |
| Equity capital | 12,971,000 | 12,484,000 | 12,835,000 | 13,581,000 |
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 | 1,416,000 | 2,828,000 | 4,301,000 | 5,849,000 |
| Interest expense | 694,000 | 1,281,000 | 1,841,000 | 2,370,000 |
| Net interest income | 722,000 | 1,547,000 | 2,460,000 | 3,479,000 |
| Noninterest income | 53,000 | 100,000 | 155,000 | 213,000 |
| Noninterest expense | 532,000 | 1,071,000 | 1,622,000 | 2,245,000 |
| Provision for loan losses | 0 | 0 | 0 | 100,000 |
| Pretax income | 251,000 | 635,000 | 1,066,000 | 1,434,000 |
| Income tax | 55,000 | 124,000 | 311,000 | 439,000 |
| Net income | 196,000 | 511,000 | 755,000 | 995,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,296,000 | 12,536,000 | 12,780,000 | 12,870,000 |
| Total capital | 12,672,000 | 12,889,000 | 13,138,000 | 13,292,000 |
| Risk-weighted assets | 48,285,000 | 49,286,000 | 52,630,000 | 54,514,000 |