Call reports 2018
SECURITY STATE BANK OF WARROAD — 2018
What SECURITY STATE BANK OF WARROAD reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 96,252,000 | 98,390,000 | 96,659,000 | 95,273,000 |
| Total loans | 43,933,000 | 48,208,000 | 48,203,000 | 48,946,000 |
| Allowance for loan losses | 1,081,000 | 1,161,000 | 1,357,000 | 1,386,000 |
| Securities available for sale | 35,143,000 | 35,182,000 | 33,217,000 | 32,691,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,559,000 | 77,359,000 | 76,382,000 | 77,736,000 |
| Interest-bearing deposits | 53,259,000 | 52,862,000 | 52,405,000 | 54,270,000 |
| Noninterest-bearing deposits | 25,300,000 | 24,497,000 | 23,977,000 | 23,466,000 |
| Equity capital | 17,259,000 | 17,408,000 | 16,694,000 | 17,309,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 845,000 | 1,729,000 | 2,685,000 | 3,645,000 |
| Interest expense | 63,000 | 121,000 | 201,000 | 300,000 |
| Net interest income | 782,000 | 1,608,000 | 2,484,000 | 3,345,000 |
| Noninterest income | 104,000 | 213,000 | 322,000 | 489,000 |
| Noninterest expense | 680,000 | 1,378,000 | 2,054,000 | 2,682,000 |
| Provision for loan losses | 275,000 | 350,000 | 1,200,000 | 1,275,000 |
| Pretax income | -86,000 | 45,000 | -589,000 | -341,000 |
| Income tax | 0 | 0 | 0 | -177,000 |
| Net income | -86,000 | 45,000 | -589,000 | -164,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,812,000 | 17,943,000 | 17,310,000 | 17,735,000 |
| Total capital | 18,724,000 | 18,937,000 | 18,294,000 | 18,737,000 |
| Risk-weighted assets | 72,752,000 | 79,320,000 | 78,369,000 | 79,740,000 |