Call reports 2008
SECURITY STATE BANK, THE — 2008
What SECURITY STATE BANK, THE 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 | 33,812,000 | 34,743,000 | 34,856,000 | 35,087,000 |
| Total loans | 11,703,000 | 11,892,000 | 12,704,000 | 12,387,000 |
| Allowance for loan losses | 197,000 | 197,000 | 197,000 | 182,000 |
| Securities available for sale | 7,905,000 | 7,317,000 | 8,657,000 | 8,026,000 |
| Securities held to maturity | 1,524,000 | 1,524,000 | 1,019,000 | 1,019,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,710,000 | 29,703,000 | 29,992,000 | 30,285,000 |
| Interest-bearing deposits | 24,047,000 | 25,110,000 | 24,961,000 | 25,196,000 |
| Noninterest-bearing deposits | 4,663,000 | 4,593,000 | 5,031,000 | 5,089,000 |
| Equity capital | 4,860,000 | 4,813,000 | 4,657,000 | 4,573,000 |
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 | 496,000 | 931,000 | 1,388,000 | 1,831,000 |
| Interest expense | 226,000 | 437,000 | 631,000 | 804,000 |
| Net interest income | 270,000 | 494,000 | 757,000 | 1,027,000 |
| Noninterest income | 16,000 | 29,000 | 45,000 | 63,000 |
| Noninterest expense | 167,000 | 352,000 | 509,000 | 941,000 |
| Provision for loan losses | 0 | 0 | 2,000 | 0 |
| Pretax income | 119,000 | 171,000 | 291,000 | 149,000 |
| Income tax | 34,000 | 42,000 | 75,000 | 11,000 |
| Net income | 85,000 | 129,000 | 216,000 | 138,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,860,000 | 4,904,000 | 4,991,000 | 4,913,000 |
| Total capital | 5,057,000 | 5,101,000 | 5,188,000 | 5,095,000 |
| Risk-weighted assets | 34,009,000 | 34,940,000 | 35,610,000 | 35,836,000 |