Call reports 2008
SECURITY BANK — 2008
What SECURITY 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 | 142,484,000 | 137,575,000 | 134,123,000 | 135,377,000 |
| Total loans | 82,191,000 | 81,982,000 | 81,270,000 | 80,837,000 |
| Allowance for loan losses | 1,208,000 | 1,214,000 | 1,227,000 | 1,267,000 |
| Securities available for sale | 37,228,000 | 36,940,000 | 36,223,000 | 37,421,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 114,947,000 | 110,236,000 | 106,255,000 | 109,425,000 |
| Interest-bearing deposits | 102,095,000 | 97,141,000 | 94,050,000 | 96,120,000 |
| Noninterest-bearing deposits | 12,852,000 | 13,095,000 | 12,205,000 | 13,305,000 |
| Equity capital | 17,133,000 | 17,145,000 | 17,139,000 | 16,617,000 |
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 | 2,059,000 | 3,994,000 | 5,857,000 | 7,675,000 |
| Interest expense | 832,000 | 1,582,000 | 2,263,000 | 2,914,000 |
| Net interest income | 1,227,000 | 2,412,000 | 3,594,000 | 4,761,000 |
| Noninterest income | 605,000 | 1,248,000 | 1,885,000 | 2,526,000 |
| Noninterest expense | 1,173,000 | 2,384,000 | 3,628,000 | 4,932,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 110,000 |
| Pretax income | 626,000 | 1,228,000 | 1,788,000 | 2,229,000 |
| Income tax | 138,000 | 290,000 | 426,000 | 512,000 |
| Net income | 488,000 | 938,000 | 1,362,000 | 1,717,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,799,000 | 17,249,000 | 17,173,000 | 16,428,000 |
| Total capital | 18,007,000 | 18,463,000 | 18,400,000 | 17,670,000 |
| Risk-weighted assets | 100,832,000 | 100,626,000 | 98,948,000 | 99,369,000 |