Call reports 2008
SECURITY EXCHANGE BANK — 2008
What SECURITY EXCHANGE 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 | 169,031,000 | 168,630,000 | 176,024,000 | 192,092,000 |
| Total loans | 139,998,000 | 139,836,000 | 140,824,000 | 141,651,000 |
| Allowance for loan losses | 1,709,000 | 2,395,000 | 2,615,000 | 2,675,000 |
| Securities available for sale | 16,811,000 | 18,385,000 | 18,735,000 | 21,425,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 153,915,000 | 154,532,000 | 161,518,000 | 174,769,000 |
| Interest-bearing deposits | 147,600,000 | 150,297,000 | 158,674,000 | 170,703,000 |
| Noninterest-bearing deposits | 6,315,000 | 4,235,000 | 2,844,000 | 4,066,000 |
| Equity capital | 13,842,000 | 13,075,000 | 13,179,000 | 16,359,000 |
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 | 2,897,000 | 5,567,000 | 7,892,000 | 10,405,000 |
| Interest expense | 1,685,000 | 3,235,000 | 4,804,000 | 6,485,000 |
| Net interest income | 1,212,000 | 2,332,000 | 3,088,000 | 3,920,000 |
| Noninterest income | 45,000 | -275,000 | -371,000 | -303,000 |
| Noninterest expense | 864,000 | 1,687,000 | 2,600,000 | 3,450,000 |
| Provision for loan losses | 54,000 | 852,000 | 2,770,000 | 3,015,000 |
| Pretax income | 343,000 | -478,000 | -2,649,000 | -2,844,000 |
| Income tax | 127,000 | -186,000 | -1,008,000 | -1,085,000 |
| Net income | 216,000 | -292,000 | -1,641,000 | -1,759,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,798,000 | 13,296,000 | 13,183,000 | 16,219,000 |
| Total capital | 15,507,000 | 15,185,000 | 15,077,000 | 18,133,000 |
| Risk-weighted assets | 149,915,000 | 150,654,000 | 150,818,000 | 152,335,000 |