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 | 366,219,000 | 367,779,000 | 365,272,000 | 366,929,000 |
| Total loans | 116,822,000 | 124,199,000 | 129,000,000 | 136,074,000 |
| Allowance for loan losses | 472,000 | 470,000 | 469,000 | 453,000 |
| Securities available for sale | 48,715,000 | 47,812,000 | 50,277,000 | 40,920,000 |
| Securities held to maturity | 176,913,000 | 175,531,000 | 166,400,000 | 156,771,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 181,057,000 | 162,514,000 | 163,407,000 | 167,703,000 |
| Interest-bearing deposits | 158,572,000 | 139,651,000 | 139,496,000 | 144,480,000 |
| Noninterest-bearing deposits | 22,485,000 | 22,863,000 | 23,911,000 | 23,223,000 |
| Equity capital | 27,932,000 | 28,555,000 | 29,777,000 | 28,344,000 |
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 | 5,487,000 | 10,699,000 | 16,000,000 | 21,236,000 |
| Interest expense | 3,381,000 | 6,290,000 | 9,126,000 | 11,859,000 |
| Net interest income | 2,106,000 | 4,409,000 | 6,874,000 | 9,377,000 |
| Noninterest income | 216,000 | 440,000 | 679,000 | 901,000 |
| Noninterest expense | 875,000 | 1,801,000 | 2,762,000 | 3,690,000 |
| Provision for loan losses | 10,000 | 10,000 | 10,000 | 10,000 |
| Pretax income | 1,441,000 | 3,048,000 | 4,791,000 | 6,588,000 |
| Income tax | 315,000 | 710,000 | 1,117,000 | 1,553,000 |
| Net income | 1,126,000 | 2,338,000 | 3,674,000 | 5,035,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,373,000 | 28,585,000 | 29,922,000 | 28,532,000 |
| Total capital | 27,845,000 | 29,055,000 | 30,391,000 | 28,985,000 |
| Risk-weighted assets | 170,907,000 | 179,139,000 | 180,343,000 | 180,762,000 |