Call reports 2008
SECURITY SAVINGS BANK — 2008
What SECURITY SAVINGS 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 | 77,813,000 | 76,386,000 | 81,500,000 | 84,744,000 |
| Total loans | 39,701,000 | 40,382,000 | 40,909,000 | 43,183,000 |
| Allowance for loan losses | 566,000 | 598,000 | 586,000 | 591,000 |
| Securities available for sale | 16,867,000 | 19,006,000 | 18,804,000 | 18,332,000 |
| Securities held to maturity | 7,524,000 | 10,218,000 | 10,804,000 | 12,064,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,505,000 | 65,958,000 | 67,985,000 | 72,811,000 |
| Interest-bearing deposits | 56,025,000 | 56,691,000 | 55,150,000 | 55,752,000 |
| Noninterest-bearing deposits | 11,480,000 | 9,267,000 | 12,835,000 | 17,059,000 |
| Equity capital | 5,773,000 | 5,804,000 | 5,956,000 | 6,391,000 |
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 | 1,042,000 | 2,055,000 | 3,104,000 | 4,139,000 |
| Interest expense | 512,000 | 968,000 | 1,397,000 | 1,831,000 |
| Net interest income | 530,000 | 1,087,000 | 1,707,000 | 2,308,000 |
| Noninterest income | 110,000 | 240,000 | 375,000 | 605,000 |
| Noninterest expense | 471,000 | 932,000 | 1,452,000 | 2,058,000 |
| Provision for loan losses | 18,000 | 36,000 | 54,000 | 72,000 |
| Pretax income | 151,000 | 359,000 | 576,000 | 783,000 |
| Income tax | 8,000 | 19,000 | 31,000 | 41,000 |
| Net income | 143,000 | 340,000 | 545,000 | 742,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,556,000 | 5,688,000 | 5,874,000 | 6,006,000 |
| Total capital | 6,122,000 | 6,286,000 | 6,460,000 | 6,597,000 |
| Risk-weighted assets | 47,271,000 | 48,788,000 | 50,833,000 | 53,905,000 |