Call reports 2002
SECURITY STATE BANK — 2002
What SECURITY STATE BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 75,199,000 | 77,596,000 | 79,197,000 | 84,257,000 |
| Total loans | 54,973,000 | 56,276,000 | 58,048,000 | 59,795,000 |
| Allowance for loan losses | 471,000 | 486,000 | 509,000 | 535,000 |
| Securities available for sale | 13,517,000 | 14,345,000 | 12,997,000 | 12,977,000 |
| Securities held to maturity | 576,000 | 308,000 | 308,000 | 235,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,558,000 | 70,637,000 | 72,067,000 | 74,751,000 |
| Interest-bearing deposits | 62,077,000 | 64,081,000 | 65,527,000 | 67,608,000 |
| Noninterest-bearing deposits | 6,482,000 | 6,556,000 | 6,540,000 | 7,143,000 |
| Equity capital | 5,305,000 | 5,610,000 | 5,815,000 | 6,023,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,263,000 | 2,551,000 | 3,826,000 | 5,129,000 |
| Interest expense | 534,000 | 1,053,000 | 1,555,000 | 2,059,000 |
| Net interest income | 729,000 | 1,498,000 | 2,271,000 | 3,070,000 |
| Noninterest income | 55,000 | 147,000 | 227,000 | 306,000 |
| Noninterest expense | 436,000 | 904,000 | 1,379,000 | 1,872,000 |
| Provision for loan losses | 15,000 | 30,000 | 98,000 | 128,000 |
| Pretax income | 333,000 | 711,000 | 1,021,000 | 1,376,000 |
| Income tax | 118,000 | 252,000 | 365,000 | 491,000 |
| Net income | 215,000 | 459,000 | 656,000 | 885,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,178,000 | 5,423,000 | 5,619,000 | 5,850,000 |
| Total capital | 5,649,000 | 5,909,000 | 6,128,000 | 6,385,000 |
| Risk-weighted assets | 51,772,000 | 53,010,000 | 55,082,000 | 57,188,000 |