Call reports 2016
SECURITY STATE BANK OF WARROAD — 2016
What SECURITY STATE BANK OF WARROAD reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 92,341,000 | 93,058,000 | 93,362,000 | 93,122,000 |
| Total loans | 45,098,000 | 46,134,000 | 46,390,000 | 44,437,000 |
| Allowance for loan losses | 1,484,000 | 1,139,000 | 1,162,000 | 1,161,000 |
| Securities available for sale | 28,888,000 | 31,039,000 | 31,115,000 | 30,101,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,404,000 | 74,949,000 | 75,326,000 | 75,681,000 |
| Interest-bearing deposits | 53,060,000 | 54,354,000 | 53,561,000 | 54,557,000 |
| Noninterest-bearing deposits | 21,344,000 | 20,595,000 | 21,765,000 | 21,124,000 |
| Equity capital | 17,502,000 | 17,581,000 | 17,619,000 | 17,252,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 835,000 | 1,677,000 | 2,529,000 | 3,370,000 |
| Interest expense | 53,000 | 106,000 | 159,000 | 211,000 |
| Net interest income | 782,000 | 1,571,000 | 2,370,000 | 3,159,000 |
| Noninterest income | 105,000 | 216,000 | 321,000 | 486,000 |
| Noninterest expense | 732,000 | 1,452,000 | 2,173,000 | 2,918,000 |
| Provision for loan losses | 30,000 | 205,000 | 235,000 | 265,000 |
| Pretax income | 125,000 | 130,000 | 283,000 | 462,000 |
| Income tax | 43,000 | 33,000 | 79,000 | 112,000 |
| Net income | 82,000 | 97,000 | 204,000 | 350,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,487,000 | 17,502,000 | 17,609,000 | 17,756,000 |
| Total capital | 18,270,000 | 18,356,000 | 18,492,000 | 18,633,000 |
| Risk-weighted assets | 61,951,000 | 68,006,000 | 70,332,000 | 69,874,000 |