Call reports 2022
SECURITY STATE BANK OF WARROAD — 2022
What SECURITY STATE BANK OF WARROAD reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 133,326,000 | 135,311,000 | 134,917,000 | 134,913,000 |
| Total loans | 54,384,000 | 59,783,000 | 66,050,000 | 66,001,000 |
| Allowance for loan losses | 2,106,000 | 2,163,000 | 2,205,000 | 2,217,000 |
| Securities available for sale | 62,564,000 | 61,875,000 | 54,893,000 | 54,506,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 118,235,000 | 122,123,000 | 121,791,000 | 121,945,000 |
| Interest-bearing deposits | 77,794,000 | 82,410,000 | 79,729,000 | 84,286,000 |
| Noninterest-bearing deposits | 40,441,000 | 39,713,000 | 42,062,000 | 37,659,000 |
| Equity capital | 14,508,000 | 12,398,000 | 10,743,000 | 12,519,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 970,000 | 1,979,000 | 3,110,000 | 4,279,000 |
| Interest expense | 65,000 | 132,000 | 211,000 | 350,000 |
| Net interest income | 905,000 | 1,847,000 | 2,899,000 | 3,929,000 |
| Noninterest income | 52,000 | 130,000 | 194,000 | 328,000 |
| Noninterest expense | 671,000 | 1,390,000 | 2,044,000 | 2,659,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 176,000 | 477,000 | 958,000 | 1,156,000 |
| Income tax | 35,000 | 110,000 | 259,000 | 161,000 |
| Net income | 141,000 | 367,000 | 699,000 | 995,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,939,000 | 19,165,000 | 19,497,000 | 19,793,000 |