Call reports 2008
SECURITY BANK — 2008
What SECURITY 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 | 79,444,000 | 82,173,000 | 76,970,000 | 77,578,000 |
| Total loans | 58,267,000 | 59,868,000 | 56,578,000 | 57,673,000 |
| Allowance for loan losses | 953,000 | 840,000 | 541,000 | 870,000 |
| Securities available for sale | 10,164,000 | 10,935,000 | 8,790,000 | 10,261,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,077,000 | 63,855,000 | 63,801,000 | 61,162,000 |
| Interest-bearing deposits | 52,808,000 | 55,706,000 | 56,124,000 | 53,327,000 |
| Noninterest-bearing deposits | 7,269,000 | 8,149,000 | 7,677,000 | 7,835,000 |
| Equity capital | 10,528,000 | 10,508,000 | 8,547,000 | 8,646,000 |
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 | 1,450,000 | 2,762,000 | 4,063,000 | 5,325,000 |
| Interest expense | 591,000 | 1,133,000 | 1,644,000 | 2,143,000 |
| Net interest income | 859,000 | 1,629,000 | 2,419,000 | 3,182,000 |
| Noninterest income | 93,000 | 186,000 | 280,000 | 305,000 |
| Noninterest expense | 393,000 | 834,000 | 2,846,000 | 3,307,000 |
| Provision for loan losses | 30,000 | 60,000 | 939,000 | 1,269,000 |
| Pretax income | 529,000 | 921,000 | -2,308,000 | -2,312,000 |
| Income tax | 192,000 | 377,000 | -846,000 | -897,000 |
| Net income | 337,000 | 544,000 | -1,462,000 | -1,415,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,179,000 | 7,407,000 | 6,302,000 | 6,370,000 |
| Total capital | 7,895,000 | 8,160,000 | 6,843,000 | 7,097,000 |
| Risk-weighted assets | 57,060,000 | 60,186,000 | 57,147,000 | 58,013,000 |