Call reports 2008
SECURITY SAVINGS BANK — 2008
What SECURITY 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 | 148,122,000 | 151,818,000 | 153,872,000 | 156,323,000 |
| Total loans | 107,702,000 | 108,062,000 | 111,717,000 | 114,248,000 |
| Allowance for loan losses | 1,039,000 | 927,000 | 1,083,000 | 1,072,000 |
| Securities available for sale | 10,392,000 | 9,880,000 | 9,510,000 | 9,215,000 |
| Securities held to maturity | 868,000 | 833,000 | 799,000 | 529,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 130,716,000 | 134,338,000 | 136,474,000 | 138,768,000 |
| Interest-bearing deposits | 127,015,000 | 130,287,000 | 132,762,000 | 133,683,000 |
| Noninterest-bearing deposits | 3,701,000 | 4,051,000 | 3,712,000 | 5,085,000 |
| Equity capital | 14,118,000 | 14,147,000 | 13,999,000 | 14,248,000 |
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 | 2,081,000 | 4,124,000 | 6,241,000 | 8,275,000 |
| Interest expense | 1,041,000 | 2,017,000 | 3,005,000 | 3,959,000 |
| Net interest income | 1,040,000 | 2,107,000 | 3,236,000 | 4,316,000 |
| Noninterest income | 258,000 | 474,000 | 686,000 | 879,000 |
| Noninterest expense | 1,006,000 | 1,928,000 | 2,892,000 | 3,930,000 |
| Provision for loan losses | 60,000 | 329,000 | 933,000 | 933,000 |
| Pretax income | 232,000 | 324,000 | 97,000 | 332,000 |
| Income tax | 68,000 | 65,000 | -39,000 | 36,000 |
| Net income | 164,000 | 259,000 | 136,000 | 296,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,924,000 | 14,021,000 | 13,897,000 | 14,058,000 |
| Total capital | 14,963,000 | 14,948,000 | 14,980,000 | 15,130,000 |
| Risk-weighted assets | 104,696,000 | 106,097,000 | 110,057,000 | 112,782,000 |