Call reports 2003
SECURITY STATE BANK — 2003
What SECURITY STATE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 83,104,000 | 83,069,000 | 85,308,000 | 87,554,000 |
| Total loans | 62,047,000 | 62,844,000 | 63,279,000 | 64,820,000 |
| Allowance for loan losses | 551,000 | 566,000 | 578,000 | 585,000 |
| Securities available for sale | 12,652,000 | 13,048,000 | 14,732,000 | 16,431,000 |
| Securities held to maturity | 235,000 | 93,000 | 93,000 | 68,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,701,000 | 71,276,000 | 72,956,000 | 73,541,000 |
| Interest-bearing deposits | 65,964,000 | 64,397,000 | 62,532,000 | 66,334,000 |
| Noninterest-bearing deposits | 6,737,000 | 6,879,000 | 10,424,000 | 7,207,000 |
| Equity capital | 5,796,000 | 5,892,000 | 6,093,000 | 6,259,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,210,000 | 2,440,000 | 3,630,000 | 4,798,000 |
| Interest expense | 470,000 | 905,000 | 1,319,000 | 1,704,000 |
| Net interest income | 740,000 | 1,535,000 | 2,311,000 | 3,094,000 |
| Noninterest income | 58,000 | 138,000 | 215,000 | 293,000 |
| Noninterest expense | 430,000 | 900,000 | 1,386,000 | 1,906,000 |
| Provision for loan losses | 20,000 | 35,000 | 50,000 | 65,000 |
| Pretax income | 348,000 | 738,000 | 1,090,000 | 1,416,000 |
| Income tax | 119,000 | 254,000 | 374,000 | 488,000 |
| Net income | 229,000 | 484,000 | 716,000 | 928,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,644,000 | 5,729,000 | 5,960,000 | 6,172,000 |
| Total capital | 6,195,000 | 6,295,000 | 6,538,000 | 6,757,000 |
| Risk-weighted assets | 58,400,000 | 59,092,000 | 60,643,000 | 61,832,000 |