Call reports 2008
SECURITY STATE BANK & TRUST — 2008
What SECURITY STATE 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 | 587,880,000 | 586,637,000 | 585,925,000 | 600,392,000 |
| Total loans | 401,469,000 | 406,134,000 | 412,407,000 | 413,840,000 |
| Allowance for loan losses | 3,565,000 | 3,553,000 | 3,833,000 | 3,861,000 |
| Securities available for sale | 101,123,000 | 99,451,000 | 99,473,000 | 95,932,000 |
| Securities held to maturity | 42,310,000 | 41,855,000 | 38,184,000 | 37,796,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 468,582,000 | 461,394,000 | 453,504,000 | 474,120,000 |
| Interest-bearing deposits | 333,936,000 | 324,077,000 | 324,486,000 | 343,552,000 |
| Noninterest-bearing deposits | 134,646,000 | 137,317,000 | 129,018,000 | 130,568,000 |
| Equity capital | 83,846,000 | 84,576,000 | 86,058,000 | 87,038,000 |
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 | 9,799,000 | 18,966,000 | 27,802,000 | 36,324,000 |
| Interest expense | 2,807,000 | 5,148,000 | 7,305,000 | 9,291,000 |
| Net interest income | 6,992,000 | 13,818,000 | 20,497,000 | 27,033,000 |
| Noninterest income | 1,485,000 | 3,665,000 | 5,360,000 | 6,896,000 |
| Noninterest expense | 4,937,000 | 9,837,000 | 15,729,000 | 21,246,000 |
| Provision for loan losses | 192,000 | 363,000 | 1,081,000 | 1,808,000 |
| Pretax income | 3,348,000 | 7,283,000 | 9,041,000 | 10,852,000 |
| Income tax | 956,000 | 2,107,000 | 2,521,000 | 2,956,000 |
| Net income | 2,392,000 | 5,176,000 | 6,520,000 | 7,896,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 82,942,000 | 84,779,000 | 85,574,000 | 86,331,000 |
| Total capital | 86,507,000 | 88,332,000 | 89,407,000 | 90,192,000 |
| Risk-weighted assets | 434,651,000 | 438,869,000 | 442,820,000 | 443,483,000 |