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 | 110,790,000 | 114,415,000 | 118,455,000 | 120,700,000 |
| Total loans | 62,361,000 | 67,079,000 | 67,409,000 | 67,480,000 |
| Allowance for loan losses | 407,000 | 416,000 | 431,000 | 451,000 |
| Securities available for sale | 17,622,000 | 17,202,000 | 21,886,000 | 25,472,000 |
| Securities held to maturity | 20,369,000 | 16,507,000 | 11,974,000 | 10,861,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 90,839,000 | 95,408,000 | 98,911,000 | 100,490,000 |
| Interest-bearing deposits | 83,618,000 | 86,647,000 | 86,489,000 | 89,019,000 |
| Noninterest-bearing deposits | 7,221,000 | 8,761,000 | 12,422,000 | 11,471,000 |
| Equity capital | 8,964,000 | 9,392,000 | 9,492,000 | 9,669,000 |
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 | 1,581,000 | 3,122,000 | 4,665,000 | 6,172,000 |
| Interest expense | 560,000 | 1,100,000 | 1,595,000 | 2,040,000 |
| Net interest income | 1,021,000 | 2,022,000 | 3,070,000 | 4,132,000 |
| Noninterest income | 283,000 | 606,000 | 955,000 | 1,263,000 |
| Noninterest expense | 782,000 | 1,554,000 | 2,400,000 | 3,319,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 492,000 | 1,016,000 | 1,537,000 | 1,958,000 |
| Income tax | 153,000 | 306,000 | 472,000 | 621,000 |
| Net income | 339,000 | 710,000 | 1,065,000 | 1,337,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,964,000 | 9,345,000 | 9,589,000 | 9,751,000 |
| Total capital | 9,371,000 | 9,761,000 | 10,020,000 | 10,202,000 |
| Risk-weighted assets | 70,216,000 | 76,396,000 | 77,148,000 | 75,687,000 |