Call reports 2008
SECURITY BANK USA — 2008
What SECURITY BANK USA 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 | 94,472,000 | 98,614,000 | 101,089,000 | 102,967,000 |
| Total loans | 84,504,000 | 86,976,000 | 92,200,000 | 91,309,000 |
| Allowance for loan losses | 910,000 | 729,000 | 758,000 | 825,000 |
| Securities available for sale | 774,000 | 629,000 | 590,000 | 440,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,296,000 | 89,635,000 | 84,848,000 | 93,643,000 |
| Interest-bearing deposits | 76,048,000 | 76,910,000 | 73,791,000 | 78,776,000 |
| Noninterest-bearing deposits | 9,248,000 | 12,725,000 | 11,057,000 | 14,867,000 |
| Equity capital | 8,499,000 | 8,318,000 | 8,559,000 | 9,013,000 |
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 | 1,638,000 | 3,159,000 | 4,583,000 | 6,032,000 |
| Interest expense | 705,000 | 1,348,000 | 1,967,000 | 2,589,000 |
| Net interest income | 933,000 | 1,811,000 | 2,616,000 | 3,443,000 |
| Noninterest income | 186,000 | 430,000 | 783,000 | 1,041,000 |
| Noninterest expense | 772,000 | 1,563,000 | 2,361,000 | 3,168,000 |
| Provision for loan losses | 30,000 | 360,000 | 480,000 | 704,000 |
| Pretax income | 317,000 | 318,000 | 558,000 | 612,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 2,000 |
| Net income | 316,000 | 317,000 | 557,000 | 610,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,494,000 | 8,317,000 | 8,557,000 | 8,984,000 |
| Total capital | 9,404,000 | 9,046,000 | 9,315,000 | 9,809,000 |
| Risk-weighted assets | 87,021,000 | 87,745,000 | 92,247,000 | 93,183,000 |