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 | 95,590,000 | 95,330,000 | 97,806,000 | 106,601,000 |
| Total loans | 58,488,000 | 62,074,000 | 66,107,000 | 70,600,000 |
| Allowance for loan losses | 764,000 | 779,000 | 787,000 | 815,000 |
| Securities available for sale | 20,125,000 | 25,297,000 | 26,827,000 | 29,852,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,162,000 | 75,876,000 | 75,974,000 | 80,902,000 |
| Interest-bearing deposits | 63,937,000 | 66,383,000 | 65,753,000 | 66,090,000 |
| Noninterest-bearing deposits | 10,225,000 | 9,493,000 | 10,221,000 | 14,812,000 |
| Equity capital | 7,858,000 | 7,817,000 | 7,799,000 | 7,269,000 |
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 | 1,427,000 | 2,827,000 | 4,286,000 | 5,803,000 |
| Interest expense | 605,000 | 1,193,000 | 1,733,000 | 2,288,000 |
| Net interest income | 822,000 | 1,634,000 | 2,553,000 | 3,515,000 |
| Noninterest income | 84,000 | 169,000 | 408,000 | 455,000 |
| Noninterest expense | 534,000 | 1,044,000 | 1,573,000 | 2,147,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 85,000 |
| Pretax income | 357,000 | 729,000 | 1,343,000 | 1,738,000 |
| Income tax | 33,000 | 67,000 | 104,000 | 141,000 |
| Net income | 324,000 | 662,000 | 1,239,000 | 1,597,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,556,000 | 7,622,000 | 8,199,000 | 7,798,000 |
| Total capital | 8,320,000 | 8,401,000 | 8,986,000 | 8,613,000 |
| Risk-weighted assets | 63,588,000 | 67,469,000 | 71,158,000 | 76,304,000 |