Call reports 2008
SECURITY STATE BANK OF FERGUS FALLS — 2008
What SECURITY STATE BANK OF FERGUS FALLS 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 | 122,232,000 | 123,584,000 | 123,252,000 | 125,176,000 |
| Total loans | 75,204,000 | 79,619,000 | 78,277,000 | 80,983,000 |
| Allowance for loan losses | 260,000 | 260,000 | 260,000 | 370,000 |
| Securities available for sale | 17,764,000 | 18,216,000 | 19,888,000 | 19,040,000 |
| Securities held to maturity | 11,601,000 | 12,525,000 | 14,203,000 | 13,476,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 97,721,000 | 93,283,000 | 94,462,000 | 96,539,000 |
| Interest-bearing deposits | 85,272,000 | 80,680,000 | 82,513,000 | 84,254,000 |
| Noninterest-bearing deposits | 12,449,000 | 12,603,000 | 11,948,000 | 12,285,000 |
| Equity capital | 8,603,000 | 8,450,000 | 8,160,000 | 8,320,000 |
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 | 1,903,000 | 3,723,000 | 5,578,000 | 7,403,000 |
| Interest expense | 870,000 | 1,635,000 | 2,402,000 | 3,082,000 |
| Net interest income | 1,033,000 | 2,088,000 | 3,176,000 | 4,321,000 |
| Noninterest income | 72,000 | 161,000 | 238,000 | 318,000 |
| Noninterest expense | 585,000 | 1,193,000 | 1,842,000 | 2,592,000 |
| Provision for loan losses | 0 | 0 | 0 | 111,000 |
| Pretax income | 520,000 | 1,056,000 | 1,572,000 | 1,937,000 |
| Income tax | 3,000 | 3,000 | 3,000 | 3,000 |
| Net income | 517,000 | 1,053,000 | 1,569,000 | 1,934,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,286,000 | 8,622,000 | 8,738,000 | 9,003,000 |
| Total capital | 8,546,000 | 8,882,000 | 8,998,000 | 9,373,000 |
| Risk-weighted assets | 83,895,000 | 87,607,000 | 87,484,000 | 89,923,000 |