Call reports 2011
SECURITY STATE BANK — 2011
What SECURITY STATE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 68,181,000 | 67,477,000 | 71,471,000 | 71,250,000 |
| Total loans | 34,539,000 | 34,688,000 | 35,724,000 | 37,261,000 |
| Allowance for loan losses | 235,000 | 214,000 | 214,000 | 214,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 27,730,000 | 26,155,000 | 26,889,000 | 28,897,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,580,000 | 59,801,000 | 63,683,000 | 60,148,000 |
| Interest-bearing deposits | 51,769,000 | 51,757,000 | 52,094,000 | 51,139,000 |
| Noninterest-bearing deposits | 8,811,000 | 8,044,000 | 11,589,000 | 9,009,000 |
| Equity capital | 7,387,000 | 7,465,000 | 7,578,000 | 7,410,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 787,000 | 1,595,000 | 2,431,000 | 3,245,000 |
| Interest expense | 260,000 | 512,000 | 758,000 | 996,000 |
| Net interest income | 527,000 | 1,083,000 | 1,673,000 | 2,249,000 |
| Noninterest income | 31,000 | 64,000 | 79,000 | 90,000 |
| Noninterest expense | 395,000 | 805,000 | 1,213,000 | 1,641,000 |
| Provision for loan losses | 4,000 | 5,000 | 5,000 | 8,000 |
| Pretax income | 159,000 | 337,000 | 534,000 | 690,000 |
| Income tax | 9,000 | 17,000 | 26,000 | 35,000 |
| Net income | 150,000 | 320,000 | 508,000 | 655,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,387,000 | 7,465,000 | 7,578,000 | 7,410,000 |
| Total capital | 7,622,000 | 7,679,000 | 7,792,000 | 7,624,000 |
| Risk-weighted assets | 39,606,000 | 40,279,000 | 42,263,000 | 42,604,000 |