Call reports 2008
SURETY BANK — 2008
What SURETY 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 | 108,253,000 | 108,425,000 | 119,100,000 | 121,138,000 |
| Total loans | 77,018,000 | 79,703,000 | 87,667,000 | 90,268,000 |
| Allowance for loan losses | 1,051,000 | 1,060,000 | 1,088,000 | 1,938,000 |
| Securities available for sale | 17,932,000 | 22,160,000 | 20,969,000 | 20,902,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 96,053,000 | 96,526,000 | 107,280,000 | 110,511,000 |
| Interest-bearing deposits | 88,468,000 | 90,433,000 | 99,673,000 | 104,255,000 |
| Noninterest-bearing deposits | 7,585,000 | 6,093,000 | 7,607,000 | 6,256,000 |
| Equity capital | 11,367,000 | 11,136,000 | 10,913,000 | 9,733,000 |
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 | 1,902,000 | 3,893,000 | 5,930,000 | 7,883,000 |
| Interest expense | 1,000,000 | 1,980,000 | 3,013,000 | 4,138,000 |
| Net interest income | 902,000 | 1,913,000 | 2,917,000 | 3,745,000 |
| Noninterest income | 37,000 | 70,000 | 105,000 | 135,000 |
| Noninterest expense | 424,000 | 847,000 | 1,282,000 | 1,753,000 |
| Provision for loan losses | 9,000 | 18,000 | 46,000 | 896,000 |
| Pretax income | 506,000 | 1,118,000 | 1,694,000 | 1,231,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 506,000 | 1,118,000 | 1,694,000 | 1,231,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,111,000 | 11,485,000 | 11,823,000 | 10,705,000 |
| Total capital | 12,162,000 | 12,545,000 | 12,911,000 | 12,643,000 |
| Risk-weighted assets | 85,891,000 | 90,485,000 | 99,684,000 | 102,398,000 |