Call reports 2008
SECURITY SAVINGS BANK — 2008
What SECURITY SAVINGS 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 | 253,564,000 | 254,498,000 | 240,686,000 | 238,307,000 |
| Total loans | 167,863,000 | 151,818,000 | 132,202,000 | 123,517,000 |
| Allowance for loan losses | 1,901,000 | 2,846,000 | 2,709,000 | 4,449,000 |
| Securities available for sale | 26,420,000 | 25,137,000 | 22,151,000 | 20,418,000 |
| Securities held to maturity | 31,687,000 | 30,254,000 | 27,968,000 | 22,954,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 153,245,000 | 160,168,000 | 154,705,000 | 174,872,000 |
| Interest-bearing deposits | 153,180,000 | 160,129,000 | 154,665,000 | 174,818,000 |
| Noninterest-bearing deposits | 65,000 | 39,000 | 40,000 | 54,000 |
| Equity capital | 27,584,000 | 22,403,000 | 14,390,000 | 2,365,000 |
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 | 3,962,000 | 6,888,000 | 9,838,000 | 12,521,000 |
| Interest expense | 2,668,000 | 5,042,000 | 7,450,000 | 9,922,000 |
| Net interest income | 1,294,000 | 1,846,000 | 2,388,000 | 2,599,000 |
| Noninterest income | 0 | -871,000 | -888,000 | -930,000 |
| Noninterest expense | 1,515,000 | 3,152,000 | 7,890,000 | 9,717,000 |
| Provision for loan losses | 332,000 | 4,969,000 | 5,389,000 | 10,823,000 |
| Pretax income | -553,000 | -7,815,000 | -18,144,000 | -28,936,000 |
| Income tax | -177,000 | -2,633,000 | -435,000 | -435,000 |
| Net income | -376,000 | -5,182,000 | -17,709,000 | -28,501,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,336,000 | 21,870,000 | 15,490,000 | 4,814,000 |
| Total capital | 30,237,000 | 24,716,000 | 17,388,000 | 6,537,000 |
| Risk-weighted assets | 210,678,000 | 227,564,000 | 148,540,000 | 135,097,000 |