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 | 65,557,000 | 64,786,000 | 63,808,000 | 67,045,000 |
| Total loans | 57,793,000 | 57,674,000 | 57,248,000 | 60,816,000 |
| Allowance for loan losses | 733,000 | 737,000 | 735,000 | 791,000 |
| Securities available for sale | 668,000 | 297,000 | 300,000 | 301,000 |
| Securities held to maturity | 3,009,000 | 2,766,000 | 2,858,000 | 2,855,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,133,000 | 50,505,000 | 51,062,000 | 52,952,000 |
| Interest-bearing deposits | 44,302,000 | 44,062,000 | 44,487,000 | 43,890,000 |
| Noninterest-bearing deposits | 5,831,000 | 6,443,000 | 6,575,000 | 9,062,000 |
| Equity capital | 5,984,000 | 6,069,000 | 6,154,000 | 6,270,000 |
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 | 1,149,000 | 2,181,000 | 3,192,000 | 4,219,000 |
| Interest expense | 528,000 | 958,000 | 1,360,000 | 1,713,000 |
| Net interest income | 621,000 | 1,223,000 | 1,832,000 | 2,506,000 |
| Noninterest income | 63,000 | 125,000 | 177,000 | 245,000 |
| Noninterest expense | 353,000 | 695,000 | 1,038,000 | 1,435,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 301,000 | 593,000 | 881,000 | 1,196,000 |
| Income tax | 11,000 | 27,000 | 43,000 | 58,000 |
| Net income | 290,000 | 566,000 | 838,000 | 1,138,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,980,000 | 6,072,000 | 6,154,000 | 6,269,000 |
| Total capital | 6,700,000 | 6,798,000 | 6,867,000 | 7,020,000 |
| Risk-weighted assets | 57,583,000 | 58,036,000 | 57,091,000 | 60,034,000 |