Call reports 2008
SECURITY STATE BANK, NATIONAL ASSOCIATION — 2008
What SECURITY STATE BANK, NATIONAL ASSOCIATION 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 | 46,180,000 | 44,347,000 | 51,413,000 | 52,630,000 |
| Total loans | 22,850,000 | 22,197,000 | 21,763,000 | 21,574,000 |
| Allowance for loan losses | 328,000 | 346,000 | 313,000 | 282,000 |
| Securities available for sale | 12,873,000 | 12,601,000 | 20,883,000 | 22,546,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,021,000 | 35,489,000 | 42,399,000 | 43,184,000 |
| Interest-bearing deposits | 29,151,000 | 27,456,000 | 34,741,000 | 36,249,000 |
| Noninterest-bearing deposits | 7,871,000 | 8,033,000 | 7,658,000 | 6,935,000 |
| Equity capital | 8,171,000 | 7,972,000 | 8,120,000 | 8,418,000 |
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 | 699,000 | 1,346,000 | 2,006,000 | 2,656,000 |
| Interest expense | 230,000 | 418,000 | 612,000 | 828,000 |
| Net interest income | 469,000 | 928,000 | 1,394,000 | 1,828,000 |
| Noninterest income | 155,000 | 308,000 | 456,000 | 570,000 |
| Noninterest expense | 429,000 | 851,000 | 1,272,000 | 1,694,000 |
| Provision for loan losses | 80,000 | 174,000 | 197,000 | 242,000 |
| Pretax income | 115,000 | 211,000 | 381,000 | 462,000 |
| Income tax | 43,000 | 79,000 | 129,000 | 158,000 |
| Net income | 72,000 | 132,000 | 252,000 | 304,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,017,000 | 5,002,000 | 5,121,000 | 6,069,000 |
| Total capital | 5,345,000 | 5,318,000 | 5,121,000 | 6,351,000 |
| Risk-weighted assets | 25,664,000 | 25,268,000 | 26,412,000 | 28,654,000 |