Call reports 2008
SECURITY BANK AND TRUST COMPANY — 2008
What SECURITY BANK AND TRUST COMPANY 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 | 152,845,000 | 151,724,000 | 150,425,000 | 150,569,000 |
| Total loans | 109,809,000 | 114,285,000 | 114,385,000 | 115,604,000 |
| Allowance for loan losses | 723,000 | 698,000 | 698,000 | 896,000 |
| Securities available for sale | 13,815,000 | 12,787,000 | 12,964,000 | 12,706,000 |
| Securities held to maturity | 2,858,000 | 2,470,000 | 1,872,000 | 1,423,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 136,696,000 | 131,821,000 | 132,471,000 | 132,597,000 |
| Interest-bearing deposits | 119,737,000 | 114,658,000 | 115,933,000 | 116,238,000 |
| Noninterest-bearing deposits | 16,959,000 | 17,163,000 | 16,538,000 | 16,359,000 |
| Equity capital | 14,722,000 | 14,086,000 | 14,603,000 | 15,046,000 |
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 | 2,377,000 | 4,663,000 | 6,855,000 | 8,958,000 |
| Interest expense | 932,000 | 1,759,000 | 2,522,000 | 3,246,000 |
| Net interest income | 1,445,000 | 2,904,000 | 4,333,000 | 5,712,000 |
| Noninterest income | 246,000 | 467,000 | 768,000 | 1,010,000 |
| Noninterest expense | 748,000 | 1,461,000 | 2,200,000 | 3,259,000 |
| Provision for loan losses | 0 | 0 | 0 | 200,000 |
| Pretax income | 943,000 | 1,910,000 | 2,901,000 | 3,263,000 |
| Income tax | 59,000 | 771,000 | 833,000 | 855,000 |
| Net income | 884,000 | 1,139,000 | 2,068,000 | 2,408,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,452,000 | 14,103,000 | 14,449,000 | 14,328,000 |
| Total capital | 15,175,000 | 14,801,000 | 15,147,000 | 15,224,000 |
| Risk-weighted assets | 109,590,000 | 107,314,000 | 106,683,000 | 106,309,000 |