Call reports 2003
SECURITY STATE BANK OF SHELDON — 2003
What SECURITY STATE BANK OF SHELDON 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 | 63,329,000 | 61,988,000 | 61,187,000 | 58,862,000 |
| Total loans | 43,820,000 | 43,684,000 | 44,391,000 | 43,494,000 |
| Allowance for loan losses | 955,000 | 955,000 | 955,000 | 941,000 |
| Securities available for sale | 8,858,000 | 8,516,000 | 6,996,000 | 6,603,000 |
| Securities held to maturity | 1,425,000 | 1,367,000 | 1,317,000 | 1,236,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,885,000 | 43,096,000 | 42,338,000 | 40,564,000 |
| Interest-bearing deposits | 37,074,000 | 35,921,000 | 34,451,000 | 32,834,000 |
| Noninterest-bearing deposits | 6,811,000 | 7,175,000 | 7,887,000 | 7,730,000 |
| Equity capital | 8,699,000 | 8,905,000 | 8,948,000 | 6,591,000 |
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 | 818,000 | 1,585,000 | 2,315,000 | 3,018,000 |
| Interest expense | 284,000 | 548,000 | 786,000 | 1,005,000 |
| Net interest income | 534,000 | 1,037,000 | 1,529,000 | 2,013,000 |
| Noninterest income | 117,000 | 247,000 | 334,000 | 449,000 |
| Noninterest expense | 350,000 | 705,000 | 1,067,000 | 1,476,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 301,000 | 583,000 | 804,000 | 998,000 |
| Income tax | 66,000 | 140,000 | 199,000 | 253,000 |
| Net income | 235,000 | 443,000 | 605,000 | 745,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,763,000 | 7,000,000 | 7,191,000 | 4,860,000 |
| Total capital | 7,337,000 | 7,570,000 | 7,774,000 | 5,428,000 |
| Risk-weighted assets | 45,320,000 | 44,993,000 | 45,969,000 | 44,706,000 |