Call reports 2004
SECURITY STATE BANK — 2004
What SECURITY STATE BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 86,190,000 | 90,987,000 | 92,100,000 | 95,424,000 |
| Total loans | 64,964,000 | 66,361,000 | 67,762,000 | 69,157,000 |
| Allowance for loan losses | 600,000 | 652,000 | 666,000 | 659,000 |
| Securities available for sale | 15,965,000 | 17,263,000 | 18,928,000 | 19,706,000 |
| Securities held to maturity | 82,000 | 75,000 | 74,000 | 63,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,082,000 | 71,103,000 | 71,160,000 | 73,293,000 |
| Interest-bearing deposits | 65,316,000 | 64,084,000 | 63,755,000 | 65,107,000 |
| Noninterest-bearing deposits | 6,766,000 | 7,019,000 | 7,405,000 | 8,187,000 |
| Equity capital | 6,338,000 | 6,260,000 | 6,502,000 | 6,639,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,160,000 | 2,343,000 | 3,559,000 | 4,799,000 |
| Interest expense | 370,000 | 757,000 | 1,171,000 | 1,613,000 |
| Net interest income | 790,000 | 1,586,000 | 2,388,000 | 3,186,000 |
| Noninterest income | 68,000 | 137,000 | 211,000 | 285,000 |
| Noninterest expense | 485,000 | 1,017,000 | 1,538,000 | 2,081,000 |
| Provision for loan losses | 15,000 | 104,000 | 119,000 | 119,000 |
| Pretax income | 358,000 | 602,000 | 942,000 | 1,271,000 |
| Income tax | 122,000 | 205,000 | 318,000 | 430,000 |
| Net income | 236,000 | 397,000 | 624,000 | 841,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,208,000 | 6,320,000 | 6,472,000 | 6,688,000 |
| Total capital | 6,808,000 | 6,972,000 | 7,138,000 | 7,347,000 |
| Risk-weighted assets | 61,160,000 | 63,454,000 | 64,879,000 | 67,230,000 |