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 | 58,116,000 | 56,452,000 | 57,514,000 | 68,347,000 |
| Total loans | 15,894,000 | 16,351,000 | 17,490,000 | 16,352,000 |
| Allowance for loan losses | 298,000 | 309,000 | 299,000 | 313,000 |
| Securities available for sale | 32,092,000 | 31,412,000 | 29,409,000 | 34,095,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,947,000 | 47,863,000 | 48,620,000 | 59,397,000 |
| Interest-bearing deposits | 38,673,000 | 37,372,000 | 36,121,000 | 44,705,000 |
| Noninterest-bearing deposits | 10,274,000 | 10,491,000 | 12,499,000 | 14,692,000 |
| Equity capital | 8,798,000 | 8,286,000 | 8,520,000 | 8,741,000 |
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 | 730,000 | 1,490,000 | 2,246,000 | 3,011,000 |
| Interest expense | 275,000 | 550,000 | 803,000 | 1,048,000 |
| Net interest income | 455,000 | 940,000 | 1,443,000 | 1,963,000 |
| Noninterest income | 115,000 | 246,000 | 384,000 | 493,000 |
| Noninterest expense | 573,000 | 1,075,000 | 1,599,000 | 2,116,000 |
| Provision for loan losses | 19,000 | 23,000 | 40,000 | 52,000 |
| Pretax income | 38,000 | 152,000 | 252,000 | 380,000 |
| Income tax | 18,000 | 52,000 | 90,000 | 162,000 |
| Net income | 20,000 | 100,000 | 162,000 | 218,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,533,000 | 8,612,000 | 8,674,000 | 8,730,000 |
| Total capital | 8,831,000 | 8,921,000 | 8,973,000 | 9,043,000 |
| Risk-weighted assets | 27,397,000 | 27,406,000 | 27,011,000 | 30,456,000 |