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 | 193,451,000 | 192,794,000 | 183,936,000 | 177,817,000 |
| Total loans | 131,253,000 | 139,275,000 | 124,927,000 | 113,786,000 |
| Allowance for loan losses | 3,264,000 | 3,260,000 | 5,104,000 | 3,518,000 |
| Securities available for sale | 38,934,000 | 40,470,000 | 40,441,000 | 37,693,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 149,849,000 | 145,412,000 | 138,835,000 | 137,184,000 |
| Interest-bearing deposits | 132,977,000 | 129,091,000 | 120,460,000 | 119,530,000 |
| Noninterest-bearing deposits | 16,872,000 | 16,321,000 | 18,375,000 | 17,654,000 |
| Equity capital | 21,291,000 | 21,344,000 | 19,090,000 | 15,735,000 |
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 | 2,993,000 | 5,902,000 | 8,744,000 | 11,141,000 |
| Interest expense | 1,322,000 | 2,491,000 | 3,612,000 | 4,666,000 |
| Net interest income | 1,671,000 | 3,411,000 | 5,132,000 | 6,475,000 |
| Noninterest income | 199,000 | 375,000 | 542,000 | 696,000 |
| Noninterest expense | 1,018,000 | 2,111,000 | 3,343,000 | 4,404,000 |
| Provision for loan losses | 0 | 0 | 5,000,000 | 13,910,000 |
| Pretax income | 852,000 | 1,675,000 | -2,669,000 | -11,143,000 |
| Income tax | 243,000 | 480,000 | 0 | -4,043,000 |
| Net income | 609,000 | 1,195,000 | -2,669,000 | -7,100,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,753,000 | 21,340,000 | 18,788,000 | 14,897,000 |
| Total capital | 22,723,000 | 23,377,000 | 20,680,000 | 16,685,000 |
| Risk-weighted assets | 164,214,000 | 170,076,000 | 149,864,000 | 147,854,000 |