Call reports 2008
SECURITY NATIONAL BANK OF SOUTH DAKOTA — 2008
What SECURITY NATIONAL BANK OF SOUTH DAKOTA 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 | 73,503,000 | 91,028,000 | 101,508,000 | 116,254,000 |
| Total loans | 38,982,000 | 38,383,000 | 41,058,000 | 45,481,000 |
| Allowance for loan losses | 405,000 | 404,000 | 404,000 | 804,000 |
| Securities available for sale | 2,398,000 | 6,832,000 | 8,829,000 | 28,055,000 |
| Securities held to maturity | 2,034,000 | 2,948,000 | 3,759,000 | 5,393,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,694,000 | 85,292,000 | 92,435,000 | 107,113,000 |
| Interest-bearing deposits | 60,190,000 | 74,652,000 | 83,759,000 | 97,373,000 |
| Noninterest-bearing deposits | 7,504,000 | 10,640,000 | 8,676,000 | 9,740,000 |
| Equity capital | 5,168,000 | 5,083,000 | 8,094,000 | 8,085,000 |
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 | 738,000 | 1,576,000 | 2,494,000 | 3,459,000 |
| Interest expense | 502,000 | 1,152,000 | 1,909,000 | 2,696,000 |
| Net interest income | 236,000 | 424,000 | 585,000 | 763,000 |
| Noninterest income | 440,000 | 874,000 | 1,366,000 | 1,825,000 |
| Noninterest expense | 685,000 | 1,368,000 | 2,073,000 | 2,862,000 |
| Provision for loan losses | 0 | 0 | 0 | 400,000 |
| Pretax income | -9,000 | -70,000 | -122,000 | -674,000 |
| Income tax | -9,000 | -40,000 | -69,000 | -277,000 |
| Net income | 0 | -30,000 | -53,000 | -397,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,127,000 | 5,098,000 | 8,075,000 | 7,731,000 |
| Total capital | 5,537,000 | 5,507,000 | 8,484,000 | 8,490,000 |
| Risk-weighted assets | 51,995,000 | 54,820,000 | 58,970,000 | 62,748,000 |