Call reports 2008
SECURITY BANK — 2008
What SECURITY 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 | 68,406,000 | 66,486,000 | 63,958,000 | 61,765,000 |
| Total loans | 34,217,000 | 39,750,000 | 39,218,000 | 39,838,000 |
| Allowance for loan losses | 470,000 | 470,000 | 492,000 | 481,000 |
| Securities available for sale | 5,543,000 | 6,959,000 | 7,546,000 | 7,381,000 |
| Securities held to maturity | 4,705,000 | 7,066,000 | 7,838,000 | 6,965,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,915,000 | 59,994,000 | 57,539,000 | 55,098,000 |
| Interest-bearing deposits | 53,028,000 | 50,638,000 | 47,691,000 | 45,624,000 |
| Noninterest-bearing deposits | 8,887,000 | 9,356,000 | 9,848,000 | 9,474,000 |
| Equity capital | 6,072,000 | 6,153,000 | 6,110,000 | 6,334,000 |
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 | 897,000 | 1,875,000 | 2,851,000 | 3,783,000 |
| Interest expense | 428,000 | 895,000 | 1,333,000 | 1,681,000 |
| Net interest income | 469,000 | 980,000 | 1,518,000 | 2,102,000 |
| Noninterest income | 93,000 | 246,000 | 340,000 | 433,000 |
| Noninterest expense | 463,000 | 968,000 | 1,529,000 | 2,043,000 |
| Provision for loan losses | 52,000 | 59,000 | 93,000 | 118,000 |
| Pretax income | 47,000 | 199,000 | 236,000 | 366,000 |
| Income tax | 13,000 | 45,000 | 65,000 | 79,000 |
| Net income | 34,000 | 154,000 | 171,000 | 287,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,930,000 | 4,058,000 | 4,076,000 | 4,219,000 |
| Total capital | 4,385,000 | 4,528,000 | 4,568,000 | 4,700,000 |
| Risk-weighted assets | 36,356,000 | 42,764,000 | 42,574,000 | 42,256,000 |