Call reports 2008
AMERICAN SECURITY BANK & TRUST COMPANY — 2008
What AMERICAN SECURITY BANK & TRUST COMPANY 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 | 151,966,000 | 163,927,000 | 168,742,000 | 170,824,000 |
| Total loans | 113,477,000 | 117,346,000 | 121,474,000 | 122,891,000 |
| Allowance for loan losses | 1,671,000 | 1,653,000 | 1,628,000 | 1,755,000 |
| Securities available for sale | 28,334,000 | 34,289,000 | 32,942,000 | 35,614,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 116,764,000 | 120,785,000 | 124,287,000 | 124,647,000 |
| Interest-bearing deposits | 108,919,000 | 110,107,000 | 115,839,000 | 115,288,000 |
| Noninterest-bearing deposits | 7,845,000 | 10,678,000 | 8,448,000 | 9,359,000 |
| Equity capital | 24,104,000 | 23,423,000 | 24,098,000 | 23,829,000 |
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 | 2,209,000 | 4,355,000 | 6,580,000 | 8,880,000 |
| Interest expense | 1,260,000 | 2,431,000 | 3,593,000 | 4,770,000 |
| Net interest income | 949,000 | 1,924,000 | 2,987,000 | 4,110,000 |
| Noninterest income | 33,000 | 84,000 | 130,000 | -356,000 |
| Noninterest expense | 1,061,000 | 2,126,000 | 3,270,000 | 4,346,000 |
| Provision for loan losses | 88,000 | 129,000 | 190,000 | 417,000 |
| Pretax income | -111,000 | -191,000 | -227,000 | -842,000 |
| Income tax | 0 | 0 | 0 | 245,000 |
| Net income | -111,000 | -191,000 | -227,000 | -1,087,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,636,000 | 23,881,000 | 23,886,000 | 23,049,000 |
| Total capital | 25,302,000 | 25,534,000 | 25,514,000 | 24,804,000 |
| Risk-weighted assets | 132,536,000 | 138,118,000 | 141,475,000 | 142,709,000 |