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 | 63,617,000 | 60,408,000 | 60,018,000 | 63,966,000 |
| Total loans | 27,381,000 | 29,450,000 | 28,562,000 | 28,811,000 |
| Allowance for loan losses | 401,000 | 401,000 | 401,000 | 401,000 |
| Securities available for sale | 27,735,000 | 24,622,000 | 23,182,000 | 25,489,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,847,000 | 43,668,000 | 45,031,000 | 48,513,000 |
| Interest-bearing deposits | 40,556,000 | 35,600,000 | 37,216,000 | 38,711,000 |
| Noninterest-bearing deposits | 7,291,000 | 8,068,000 | 7,815,000 | 9,803,000 |
| Equity capital | 6,477,000 | 6,253,000 | 6,256,000 | 6,719,000 |
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 | 891,000 | 1,757,000 | 2,613,000 | 3,467,000 |
| Interest expense | 398,000 | 746,000 | 1,057,000 | 1,366,000 |
| Net interest income | 493,000 | 1,011,000 | 1,556,000 | 2,101,000 |
| Noninterest income | 49,000 | 98,000 | 148,000 | 364,000 |
| Noninterest expense | 364,000 | 702,000 | 1,059,000 | 1,279,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 178,000 | 407,000 | 645,000 | 1,186,000 |
| Income tax | 1,000 | 9,000 | 21,000 | 47,000 |
| Net income | 177,000 | 398,000 | 624,000 | 1,139,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,791,000 | 5,911,000 | 5,987,000 | 6,352,000 |
| Total capital | 6,192,000 | 6,312,000 | 6,388,000 | 6,753,000 |
| Risk-weighted assets | 34,483,000 | 35,908,000 | 35,027,000 | 38,472,000 |