Call reports 2017
SECURITY STATE BANK OF HIBBING — 2017
What SECURITY STATE BANK OF HIBBING reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 126,435,000 | 121,580,000 | 126,145,000 | 127,219,000 |
| Total loans | 62,587,000 | 63,587,000 | 64,074,000 | 65,597,000 |
| Allowance for loan losses | 1,051,000 | 1,081,000 | 1,081,000 | 1,130,000 |
| Securities available for sale | 29,841,000 | 26,432,000 | 26,901,000 | 26,419,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 113,120,000 | 108,134,000 | 112,313,000 | 113,619,000 |
| Interest-bearing deposits | 71,349,000 | 68,985,000 | 72,480,000 | 71,030,000 |
| Noninterest-bearing deposits | 41,771,000 | 39,149,000 | 39,833,000 | 42,589,000 |
| Equity capital | 12,282,000 | 12,691,000 | 12,894,000 | 13,028,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,078,000 | 2,190,000 | 3,312,000 | 4,481,000 |
| Interest expense | 62,000 | 131,000 | 194,000 | 253,000 |
| Net interest income | 1,016,000 | 2,059,000 | 3,118,000 | 4,228,000 |
| Noninterest income | 146,000 | 347,000 | 507,000 | 658,000 |
| Noninterest expense | 841,000 | 1,652,000 | 2,500,000 | 3,227,000 |
| Provision for loan losses | 31,000 | 61,000 | 63,000 | 116,000 |
| Pretax income | 297,000 | 701,000 | 1,074,000 | 1,555,000 |
| Income tax | 102,000 | 247,000 | 379,000 | 360,000 |
| Net income | 195,000 | 454,000 | 695,000 | 1,195,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,051,000 | 13,310,000 | 13,551,000 | 14,051,000 |
| Total capital | 13,924,000 | 14,195,000 | 14,433,000 | 14,966,000 |
| Risk-weighted assets | 69,626,000 | 70,651,000 | 70,418,000 | 72,988,000 |