Call reports 2008
AMERICAN SECURITY BANK — 2008
What AMERICAN 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 | 446,293,000 | 463,428,000 | 456,096,000 | 455,310,000 |
| Total loans | 391,730,000 | 388,858,000 | 375,109,000 | 371,568,000 |
| Allowance for loan losses | 4,105,000 | 5,659,000 | 5,860,000 | 5,824,000 |
| Securities available for sale | 9,507,000 | 7,338,000 | 4,223,000 | 4,254,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 361,596,000 | 391,073,000 | 391,701,000 | 389,491,000 |
| Interest-bearing deposits | 248,538,000 | 272,531,000 | 280,511,000 | 264,286,000 |
| Noninterest-bearing deposits | 113,058,000 | 118,542,000 | 111,190,000 | 125,205,000 |
| Equity capital | 58,106,000 | 55,653,000 | 52,523,000 | 54,034,000 |
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 | 6,929,000 | 13,485,000 | 20,076,000 | 26,130,000 |
| Interest expense | 1,951,000 | 3,609,000 | 5,247,000 | 6,647,000 |
| Net interest income | 4,978,000 | 9,876,000 | 14,829,000 | 19,483,000 |
| Noninterest income | 626,000 | 1,294,000 | 1,675,000 | 2,059,000 |
| Noninterest expense | 3,833,000 | 7,576,000 | 11,370,000 | 14,946,000 |
| Provision for loan losses | 295,000 | 2,000,000 | 5,515,000 | 5,515,000 |
| Pretax income | 1,564,000 | 1,682,000 | -293,000 | 1,169,000 |
| Income tax | 55,000 | 91,000 | 0 | 41,000 |
| Net income | 1,509,000 | 1,591,000 | -293,000 | 1,128,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,315,000 | 43,023,000 | 39,989,000 | 41,452,000 |
| Total capital | 49,497,000 | 48,072,000 | 44,853,000 | 46,288,000 |
| Risk-weighted assets | 403,601,000 | 403,268,000 | 388,083,000 | 385,813,000 |