Call reports 2019
SECURITY STATE BANK OF WARROAD — 2019
What SECURITY STATE BANK OF WARROAD reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 98,463,000 | 98,817,000 | 101,863,000 | 101,877,000 |
| Total loans | 49,127,000 | 50,883,000 | 49,679,000 | 51,546,000 |
| Allowance for loan losses | 1,403,000 | 1,634,000 | 1,762,000 | 1,906,000 |
| Securities available for sale | 33,057,000 | 31,936,000 | 31,774,000 | 31,282,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,388,000 | 81,851,000 | 84,945,000 | 84,630,000 |
| Interest-bearing deposits | 54,944,000 | 56,828,000 | 58,762,000 | 59,089,000 |
| Noninterest-bearing deposits | 25,444,000 | 25,023,000 | 26,183,000 | 25,541,000 |
| Equity capital | 17,647,000 | 16,397,000 | 16,344,000 | 17,006,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 929,000 | 1,900,000 | 2,909,000 | 3,925,000 |
| Interest expense | 105,000 | 223,000 | 353,000 | 478,000 |
| Net interest income | 824,000 | 1,677,000 | 2,556,000 | 3,447,000 |
| Noninterest income | 81,000 | 183,000 | 266,000 | 421,000 |
| Noninterest expense | 680,000 | 1,417,000 | 2,163,000 | 2,839,000 |
| Provision for loan losses | 125,000 | 1,750,000 | 2,125,000 | 2,225,000 |
| Pretax income | 92,000 | -1,290,000 | -1,396,000 | -1,131,000 |
| Income tax | 15,000 | 0 | 0 | -420,000 |
| Net income | 77,000 | -1,290,000 | -1,396,000 | -711,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,797,000 | 16,430,000 | 16,323,000 | 17,009,000 |
| Total capital | 18,777,000 | 17,393,000 | 17,302,000 | 17,984,000 |
| Risk-weighted assets | 78,004,000 | 76,334,000 | 77,534,000 | 77,108,000 |