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 | 215,590,000 | 216,551,000 | 225,196,000 | 238,564,000 |
| Total loans | 132,273,000 | 145,259,000 | 154,263,000 | 151,382,000 |
| Allowance for loan losses | 1,533,000 | 1,588,000 | 2,263,000 | 2,303,000 |
| Securities available for sale | 15,020,000 | 14,300,000 | 15,007,000 | 12,766,000 |
| Securities held to maturity | 39,267,000 | 37,489,000 | 36,539,000 | 38,996,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 180,625,000 | 180,662,000 | 192,061,000 | 201,790,000 |
| Interest-bearing deposits | 166,012,000 | 167,097,000 | 175,489,000 | 184,542,000 |
| Noninterest-bearing deposits | 14,613,000 | 13,565,000 | 16,572,000 | 17,248,000 |
| Equity capital | 16,746,000 | 17,254,000 | 17,487,000 | 17,700,000 |
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 | 3,422,000 | 6,825,000 | 10,308,000 | 13,638,000 |
| Interest expense | 1,589,000 | 3,009,000 | 4,462,000 | 5,853,000 |
| Net interest income | 1,833,000 | 3,816,000 | 5,846,000 | 7,785,000 |
| Noninterest income | 332,000 | 699,000 | 1,114,000 | 1,489,000 |
| Noninterest expense | 1,240,000 | 2,601,000 | 4,057,000 | 5,577,000 |
| Provision for loan losses | 75,000 | 160,000 | 275,000 | 312,000 |
| Pretax income | 853,000 | 1,757,000 | 848,000 | 1,516,000 |
| Income tax | 255,000 | 526,000 | 93,000 | 323,000 |
| Net income | 598,000 | 1,231,000 | 755,000 | 1,193,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,556,000 | 17,114,000 | 17,388,000 | 17,655,000 |
| Total capital | 18,089,000 | 18,746,000 | 19,495,000 | 19,774,000 |
| Risk-weighted assets | 151,167,000 | 161,281,000 | 168,413,000 | 169,303,000 |