Call reports 2007
SECURITY STATE BANK — 2007
What SECURITY STATE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 103,871,000 | 101,750,000 | 106,471,000 | 109,666,000 |
| Total loans | 82,701,000 | 82,745,000 | 83,476,000 | 84,608,000 |
| Allowance for loan losses | 656,000 | 662,000 | 669,000 | 656,000 |
| Securities available for sale | 14,742,000 | 12,200,000 | 10,844,000 | 11,518,000 |
| Securities held to maturity | 12,000 | 10,000 | 10,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,315,000 | 81,249,000 | 82,220,000 | 87,161,000 |
| Interest-bearing deposits | 73,772,000 | 72,297,000 | 72,871,000 | 78,352,000 |
| Noninterest-bearing deposits | 8,543,000 | 8,952,000 | 9,349,000 | 8,809,000 |
| Equity capital | 7,703,000 | 7,907,000 | 8,036,000 | 8,208,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,614,000 | 3,270,000 | 5,003,000 | 6,739,000 |
| Interest expense | 791,000 | 1,614,000 | 2,456,000 | 3,314,000 |
| Net interest income | 823,000 | 1,656,000 | 2,547,000 | 3,425,000 |
| Noninterest income | 73,000 | 164,000 | 254,000 | 344,000 |
| Noninterest expense | 604,000 | 1,214,000 | 1,833,000 | 2,488,000 |
| Provision for loan losses | 15,000 | 22,000 | 30,000 | 35,000 |
| Pretax income | 275,000 | 582,000 | 936,000 | 1,244,000 |
| Income tax | 90,000 | 197,000 | 328,000 | 430,000 |
| Net income | 185,000 | 385,000 | 608,000 | 814,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,804,000 | 8,004,000 | 8,076,000 | 8,214,000 |
| Total capital | 8,460,000 | 8,666,000 | 8,745,000 | 8,870,000 |
| Risk-weighted assets | 79,117,000 | 78,460,000 | 80,412,000 | 80,939,000 |