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 | 78,285,000 | 80,558,000 | 78,483,000 | 91,131,000 |
| Total loans | 42,368,000 | 43,115,000 | 43,103,000 | 42,413,000 |
| Allowance for loan losses | 559,000 | 530,000 | 531,000 | 528,000 |
| Securities available for sale | 32,375,000 | 30,839,000 | 31,757,000 | 32,765,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,194,000 | 66,887,000 | 64,527,000 | 77,200,000 |
| Interest-bearing deposits | 56,143,000 | 59,440,000 | 57,008,000 | 66,391,000 |
| Noninterest-bearing deposits | 7,051,000 | 7,447,000 | 7,519,000 | 10,809,000 |
| Equity capital | 11,274,000 | 10,877,000 | 11,305,000 | 11,850,000 |
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 | 1,099,000 | 2,167,000 | 3,281,000 | 4,363,000 |
| Interest expense | 516,000 | 974,000 | 1,410,000 | 1,822,000 |
| Net interest income | 583,000 | 1,193,000 | 1,871,000 | 2,541,000 |
| Noninterest income | 61,000 | 96,000 | 140,000 | 218,000 |
| Noninterest expense | 330,000 | 665,000 | 1,039,000 | 1,508,000 |
| Provision for loan losses | 18,000 | 67,000 | 74,000 | 74,000 |
| Pretax income | 296,000 | 592,000 | 952,000 | 1,231,000 |
| Income tax | 9,000 | 18,000 | 29,000 | 43,000 |
| Net income | 287,000 | 574,000 | 923,000 | 1,188,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,511,000 | 10,718,000 | 11,067,000 | 7,830,000 |
| Total capital | 11,070,000 | 11,248,000 | 11,598,000 | 8,358,000 |
| Risk-weighted assets | 48,675,000 | 49,540,000 | 49,547,000 | 50,905,000 |