Call reports 2008
SECURANT BANK & TRUST — 2008
What SECURANT BANK & TRUST 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 | 176,482,000 | 189,152,000 | 205,317,000 | 213,510,000 |
| Total loans | 138,281,000 | 154,182,000 | 164,690,000 | 175,818,000 |
| Allowance for loan losses | 1,658,000 | 1,794,000 | 1,723,000 | 2,101,000 |
| Securities available for sale | 20,832,000 | 19,117,000 | 19,576,000 | 20,598,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 147,380,000 | 150,275,000 | 167,448,000 | 172,420,000 |
| Interest-bearing deposits | 127,005,000 | 127,251,000 | 143,722,000 | 150,002,000 |
| Noninterest-bearing deposits | 20,375,000 | 23,024,000 | 23,726,000 | 22,418,000 |
| Equity capital | 19,029,000 | 18,908,000 | 18,948,000 | 19,017,000 |
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 | 2,732,000 | 5,486,000 | 8,346,000 | 11,384,000 |
| Interest expense | 1,339,000 | 2,573,000 | 3,910,000 | 5,295,000 |
| Net interest income | 1,393,000 | 2,913,000 | 4,436,000 | 6,089,000 |
| Noninterest income | 176,000 | 341,000 | 499,000 | 668,000 |
| Noninterest expense | 1,520,000 | 3,079,000 | 4,765,000 | 6,389,000 |
| Provision for loan losses | 123,000 | 246,000 | 369,000 | 837,000 |
| Pretax income | -61,000 | -58,000 | -186,000 | -456,000 |
| Income tax | -67,000 | -125,000 | -240,000 | -385,000 |
| Net income | 6,000 | 67,000 | 54,000 | -71,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,034,000 | 18,100,000 | 18,099,000 | 17,988,000 |
| Total capital | 19,764,000 | 19,966,000 | 19,894,000 | 20,161,000 |
| Risk-weighted assets | 142,833,000 | 162,855,000 | 171,944,000 | 179,329,000 |