Call reports 2020
SECURITY STATE BANK, WISHEK, NORTH DAKOTA — 2020
What SECURITY STATE BANK, WISHEK, NORTH DAKOTA reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 77,755,000 | 93,057,000 | 92,504,000 | 96,955,000 |
| Total loans | 25,491,000 | 27,987,000 | 25,358,000 | 22,242,000 |
| Allowance for loan losses | 447,000 | 272,000 | 271,000 | 271,000 |
| Securities available for sale | 30,522,000 | 36,145,000 | 31,510,000 | 32,365,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,902,000 | 76,335,000 | 75,961,000 | 80,072,000 |
| Interest-bearing deposits | 52,323,000 | 56,564,000 | 56,607,000 | 57,102,000 |
| Noninterest-bearing deposits | 14,579,000 | 19,771,000 | 19,354,000 | 22,970,000 |
| Equity capital | 8,243,000 | 8,777,000 | 8,849,000 | 8,792,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 619,000 | 1,176,000 | 1,735,000 | 2,223,000 |
| Interest expense | 108,000 | 207,000 | 299,000 | 382,000 |
| Net interest income | 511,000 | 969,000 | 1,436,000 | 1,841,000 |
| Noninterest income | 31,000 | 131,000 | 157,000 | 179,000 |
| Noninterest expense | 365,000 | 773,000 | 1,146,000 | 1,530,000 |
| Provision for loan losses | 0 | -175,000 | -175,000 | -175,000 |
| Pretax income | 177,000 | 502,000 | 622,000 | 665,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 177,000 | 502,000 | 622,000 | 665,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,827,000 | 8,152,000 | 8,272,000 | 8,318,000 |
| Total capital | 8,274,000 | 8,424,000 | 8,543,000 | 8,589,000 |
| Risk-weighted assets | 39,500,000 | 44,458,000 | 42,221,000 | 40,876,000 |