Call reports 2008
SECURITY STATE BANK — 2008
What SECURITY STATE 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 | 50,177,000 | 49,466,000 | 48,267,000 | 49,592,000 |
| Total loans | 37,198,000 | 39,999,000 | 42,345,000 | 43,307,000 |
| Allowance for loan losses | 267,000 | 273,000 | 329,000 | 451,000 |
| Securities available for sale | 4,374,000 | 3,861,000 | 2,860,000 | 2,409,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,907,000 | 45,155,000 | 43,460,000 | 45,139,000 |
| Interest-bearing deposits | 39,157,000 | 38,391,000 | 36,359,000 | 37,746,000 |
| Noninterest-bearing deposits | 6,750,000 | 6,764,000 | 7,101,000 | 7,393,000 |
| Equity capital | 4,132,000 | 4,186,000 | 4,319,000 | 4,361,000 |
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 | 725,000 | 1,461,000 | 2,215,000 | 2,967,000 |
| Interest expense | 343,000 | 665,000 | 964,000 | 1,236,000 |
| Net interest income | 382,000 | 796,000 | 1,251,000 | 1,731,000 |
| Noninterest income | 46,000 | 90,000 | 153,000 | 212,000 |
| Noninterest expense | 354,000 | 688,000 | 995,000 | 1,376,000 |
| Provision for loan losses | 6,000 | 12,000 | 85,000 | 248,000 |
| Pretax income | 68,000 | 186,000 | 324,000 | 319,000 |
| Income tax | 3,000 | 7,000 | 16,000 | 16,000 |
| Net income | 65,000 | 179,000 | 308,000 | 303,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,017,000 | 4,131,000 | 4,260,000 | 4,251,000 |
| Total capital | 4,284,000 | 4,404,000 | 4,589,000 | 4,702,000 |
| Risk-weighted assets | 35,400,000 | 36,264,000 | 37,694,000 | 39,668,000 |