Call reports 2010
SECURITY STATE BANK — 2010
What SECURITY STATE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 69,611,000 | 72,115,000 | 74,130,000 | 75,006,000 |
| Total loans | 64,505,000 | 67,199,000 | 67,634,000 | 70,401,000 |
| Allowance for loan losses | 855,000 | 886,000 | 920,000 | 851,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 2,657,000 | 2,471,000 | 2,245,000 | 2,243,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,918,000 | 57,475,000 | 60,410,000 | 62,898,000 |
| Interest-bearing deposits | 49,747,000 | 51,505,000 | 52,236,000 | 51,953,000 |
| Noninterest-bearing deposits | 6,171,000 | 5,970,000 | 8,174,000 | 10,945,000 |
| Equity capital | 5,767,000 | 5,985,000 | 6,221,000 | 6,378,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 987,000 | 2,013,000 | 3,042,000 | 4,067,000 |
| Interest expense | 249,000 | 479,000 | 700,000 | 905,000 |
| Net interest income | 738,000 | 1,534,000 | 2,342,000 | 3,162,000 |
| Noninterest income | 79,000 | 151,000 | 221,000 | 313,000 |
| Noninterest expense | 393,000 | 755,000 | 1,117,000 | 1,535,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 20,000 |
| Pretax income | 394,000 | 870,000 | 1,356,000 | 1,920,000 |
| Income tax | 12,000 | 39,000 | 64,000 | 91,000 |
| Net income | 382,000 | 831,000 | 1,292,000 | 1,829,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,767,000 | 5,985,000 | 6,221,000 | 6,378,000 |
| Total capital | 6,568,000 | 6,823,000 | 7,070,000 | 7,229,000 |
| Risk-weighted assets | 64,052,000 | 66,981,000 | 67,823,000 | 69,839,000 |