Call reports 2017
SECURITY STATE BANK OF WARROAD — 2017
What SECURITY STATE BANK OF WARROAD reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 108,282,000 | 97,186,000 | 95,835,000 | 97,497,000 |
| Total loans | 43,075,000 | 42,228,000 | 44,333,000 | 44,165,000 |
| Allowance for loan losses | 1,200,000 | 739,000 | 807,000 | 916,000 |
| Securities available for sale | 34,658,000 | 35,526,000 | 34,969,000 | 35,883,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 90,341,000 | 79,614,000 | 77,030,000 | 78,292,000 |
| Interest-bearing deposits | 66,166,000 | 56,687,000 | 54,603,000 | 55,469,000 |
| Noninterest-bearing deposits | 24,175,000 | 22,927,000 | 22,427,000 | 22,823,000 |
| Equity capital | 17,482,000 | 16,940,000 | 17,238,000 | 17,539,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 818,000 | 1,604,000 | 2,493,000 | 3,336,000 |
| Interest expense | 53,000 | 109,000 | 169,000 | 224,000 |
| Net interest income | 765,000 | 1,495,000 | 2,324,000 | 3,112,000 |
| Noninterest income | 98,000 | 180,000 | 307,000 | 452,000 |
| Noninterest expense | 719,000 | 1,428,000 | 2,057,000 | 2,647,000 |
| Provision for loan losses | 30,000 | 927,000 | 947,000 | 977,000 |
| Pretax income | 114,000 | -685,000 | -377,000 | -64,000 |
| Income tax | 27,000 | 0 | 0 | -207,000 |
| Net income | 87,000 | -685,000 | -377,000 | 143,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,842,000 | 17,070,000 | 17,378,000 | 17,899,000 |
| Total capital | 18,876,000 | 17,809,000 | 18,185,000 | 18,815,000 |
| Risk-weighted assets | 82,516,000 | 70,833,000 | 71,771,000 | 73,968,000 |