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 | 389,673,000 | 392,600,000 | 386,549,000 | 375,822,000 |
| Total loans | 307,388,000 | 308,280,000 | 301,419,000 | 294,008,000 |
| Allowance for loan losses | 8,220,000 | 8,407,000 | 7,590,000 | 8,451,000 |
| Securities available for sale | 11,507,000 | 9,681,000 | 9,610,000 | 6,957,000 |
| Securities held to maturity | 7,303,000 | 6,775,000 | 6,445,000 | 5,193,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 336,621,000 | 338,505,000 | 333,272,000 | 325,489,000 |
| Interest-bearing deposits | 277,301,000 | 282,589,000 | 277,375,000 | 270,242,000 |
| Noninterest-bearing deposits | 59,320,000 | 55,916,000 | 55,897,000 | 55,247,000 |
| Equity capital | 43,861,000 | 44,708,000 | 45,022,000 | 43,491,000 |
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 | 6,445,000 | 12,763,000 | 18,699,000 | 23,819,000 |
| Interest expense | 2,092,000 | 4,045,000 | 5,737,000 | 7,307,000 |
| Net interest income | 4,353,000 | 8,718,000 | 12,962,000 | 16,512,000 |
| Noninterest income | 741,000 | 1,498,000 | 2,511,000 | 3,761,000 |
| Noninterest expense | 3,041,000 | 5,747,000 | 9,061,000 | 12,191,000 |
| Provision for loan losses | 270,000 | 540,000 | 1,810,000 | 5,080,000 |
| Pretax income | 1,783,000 | 3,929,000 | 4,602,000 | 3,002,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,783,000 | 3,929,000 | 4,602,000 | 3,002,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,070,000 | 43,063,000 | 43,301,000 | 41,937,000 |
| Total capital | 46,529,000 | 47,532,000 | 47,628,000 | 45,915,000 |
| Risk-weighted assets | 352,866,000 | 353,605,000 | 343,051,000 | 313,802,000 |