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 | 47,570,000 | 46,883,000 | 48,877,000 | 50,592,000 |
| Total loans | 35,214,000 | 36,928,000 | 39,252,000 | 40,248,000 |
| Allowance for loan losses | 346,000 | 362,000 | 400,000 | 379,000 |
| Securities available for sale | 3,358,000 | 2,187,000 | 1,993,000 | 2,194,000 |
| Securities held to maturity | 4,475,000 | 3,936,000 | 3,905,000 | 3,827,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,167,000 | 39,360,000 | 39,136,000 | 41,331,000 |
| Interest-bearing deposits | 36,114,000 | 35,558,000 | 34,765,000 | 35,675,000 |
| Noninterest-bearing deposits | 4,053,000 | 3,802,000 | 4,371,000 | 5,656,000 |
| Equity capital | 4,249,000 | 4,358,000 | 4,520,000 | 4,400,000 |
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 | 729,000 | 1,447,000 | 2,188,000 | 2,926,000 |
| Interest expense | 274,000 | 531,000 | 774,000 | 1,006,000 |
| Net interest income | 455,000 | 916,000 | 1,414,000 | 1,920,000 |
| Noninterest income | 40,000 | 91,000 | 141,000 | 221,000 |
| Noninterest expense | 292,000 | 587,000 | 891,000 | 1,196,000 |
| Provision for loan losses | 15,000 | 30,000 | 75,000 | 90,000 |
| Pretax income | 188,000 | 437,000 | 636,000 | 913,000 |
| Income tax | 10,000 | 23,000 | 31,000 | 49,000 |
| Net income | 178,000 | 414,000 | 605,000 | 864,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,122,000 | 4,258,000 | 4,449,000 | 4,358,000 |
| Total capital | 4,468,000 | 4,620,000 | 4,849,000 | 4,737,000 |
| Risk-weighted assets | 37,803,000 | 38,549,000 | 40,675,000 | 40,938,000 |