Call reports 2008
SECURITY STATE BANK — 2008
What SECURITY STATE 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 | 89,328,000 | 87,992,000 | 91,474,000 | 101,228,000 |
| Total loans | 23,179,000 | 27,849,000 | 32,708,000 | 28,994,000 |
| Allowance for loan losses | 31,000 | 31,000 | 32,000 | 35,000 |
| Securities available for sale | 6,504,000 | 6,265,000 | 6,370,000 | 5,529,000 |
| Securities held to maturity | 50,025,000 | 45,672,000 | 44,877,000 | 51,225,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,394,000 | 73,471,000 | 75,483,000 | 87,540,000 |
| Interest-bearing deposits | 60,480,000 | 62,541,000 | 62,607,000 | 66,297,000 |
| Noninterest-bearing deposits | 13,915,000 | 10,930,000 | 12,877,000 | 21,243,000 |
| Equity capital | 14,238,000 | 13,695,000 | 14,376,000 | 13,327,000 |
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 | 1,103,000 | 2,194,000 | 3,325,000 | 4,462,000 |
| Interest expense | 484,000 | 935,000 | 1,317,000 | 1,594,000 |
| Net interest income | 619,000 | 1,259,000 | 2,008,000 | 2,868,000 |
| Noninterest income | 209,000 | 256,000 | 307,000 | 364,000 |
| Noninterest expense | 330,000 | 601,000 | 858,000 | 1,380,000 |
| Provision for loan losses | 0 | 0 | 0 | 30,000 |
| Pretax income | 498,000 | 914,000 | 1,457,000 | 1,823,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 498,000 | 914,000 | 1,457,000 | 1,823,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,244,000 | 13,911,000 | 14,453,000 | 13,319,000 |
| Total capital | 14,275,000 | 13,942,000 | 14,485,000 | 13,354,000 |
| Risk-weighted assets | 37,384,000 | 40,243,000 | 44,774,000 | 44,094,000 |