FYE 12/31/07
 

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PART IV.  
     Item 15. Exhibits and Financial Statement Schedules    

 


PART IV.  

ITEM NO. 15.    

 

EXHIBITS AND FINANCIAL STATEMENT SCHEDULES
Financial Statements and Exhibits

Documents Filed as Part of This Annual Report on Form 10-K

  1. Independent Registered Public Accountants’ Report
     
  2. Consolidated Financial Statements – See the Financial Statements included in Item 8.
     
  3. Financial Statement Schedules – Financial statement schedules are omitted for the reason that they are not required or are not applicable, or the required information is included in the financial statements.
     
  4. Exhibits – The exhibits filed as part of this Annual Report on Form 10-K are identified in the Exhibit Index, which Exhibit Index specifically identifies those exhibits that describe or evidence all management contracts and compensation plans or arrangements required to be filed as exhibits to this report. Such Exhibit Index is incorporated herein by reference
     

Reports on Form 8-K

None
 

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Security Capital Corporation

Date: March 14, 2008
By /s/ Frank West
Frank West, Chief Executive Officer


Date: March 14, 2008
By /s/ Connie Hawkins
Connie Hawkins, Chief Financial Officer
 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed by the following persons on behalf of the Registrant and in the capacities and on the dates indicated:

DATE: March 14, 2008
/s/ Larry Pratt, Director


DATE: March 14, 2008
/s/ Frank West, Director


DATE: March 14, 2008
/s/ Laney Funderburk, Director


DATE: March 14, 2008
/s/ Joe Brown, Director


DATE: March 14, 2008
/s/ Ben Smith, Director


DATE: March 14, 2008
/s/ Ken Murphree, Director


DATE: March 14, 2008
/s/ Will Hays, Director


DATE: March 14, 2008
/s/ Steve Ballard, Director


DATE: March 14, 2008
/s/ Tony Jones, Director


Index to Exhibits
 
Exhibit Number Document Reference to Prior Filing or Exhibit Number
Attached Hereto
3.1 Registrant's Articles of Incorporation *
3.2 Registrant's Bylaws *
2.1 Subsidiaries of the registrant 21
31.1 Rule 13a-14(a) Certification of the Company's President and Chief Executive Officer 31.1
31.2 Rule 13a-14(a) Certification of the Company's Chief Financial Officer 31.2
32.1 Section 1350 Certification of the Company’s President and Chief Executive Officer 32.1
32.2 Section 1350 Certification of the Company’s Chief Financial Officer 32.2
* Filed on March 31, 2003, as an exhibit to the Registrant’s Registration Statement on Form 10-SB (File No. 000-50224), and incorporated herein by reference

EXHIBIT 21 - SUBSIDIARIES OF THE REGISTRANT

  1. First Security Bank is the bank subsidiary of the Company. The Company owns 100% of First Security Bank.
     
  2. Batesville Security Building Corporation is the non-bank subsidiary of the Company. The Company owns 100% of
    Batesville Security Building Corporation.

EXHIBIT 31.1 - CERTIFICATION

I, Frank West, certify that:

  1. I have reviewed this Annual Report on Form 10-K of Security Capital Corporation;
     
  2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
     
  3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
     
  4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
     
    1. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
       
    2. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
       
    3. Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
       
    4. Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
       
  5. The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent functions):
     
    1. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect registrant's ability to record, process, summarize and report financial information; and
       
    2. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
       

Date: March 14, 2008

/s/ Frank West
Frank West
Chief Executive Officer


EXHIBIT 31.2 - CERTIFICATION

I, Connie Hawkins, certify that:

  1. I have reviewed this Annual Report on Form 10-K of Security Capital Corporation;
     
  2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
     
  3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
     
  4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
     
    1. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
       
    2. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
       
    3. Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
       
    4. Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
       
  5. The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent functions):
     
    1. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect registrant's ability to record, process, summarize and report financial information; and
       
    2. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
       

Date: March 14, 2008

/s/ Connie Hawkins
Connie Hawkins
Chief Financial Officer


EXHIBIT 32 - SECTION 1350 CERTIFICATIONS

In connection with the Annual Report of Security Capital Corporation (the "Company") on Form 10-K for the period ended December 31, 2007 as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Frank West, Chief Executive Officer of the Company, certify, to the best of my knowledge and belief, pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes Oxley Act of 2002, that:

  1. The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
     
  2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company

Date: March 14, 2008

/s/ Frank West
Frank West
Chief Executive Officer

 

In connection with the Annual Report of Security Capital Corporation (the "Company") on Form 10-K for the period ended December 31, 2007 as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Connie Hawkins, Chief Financial Officer of the Company, certify, to the best of my knowledge and belief, pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes Oxley Act of 2002, that:

  1. The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
     
  2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date: March 14, 2008

/s/ Connie Hawkins
Connie Hawkins
Chief Financial Officer



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