Call reports 2002
SOUTHEAST SECURITY BANK — 2002
What SOUTHEAST SECURITY BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 |
|---|---|---|
| Total assets | 29,522,000 | 29,044,000 |
| Total loans | 22,060,000 | 22,790,000 |
| Allowance for loan losses | 438,000 | 465,000 |
| Securities available for sale | 3,417,000 | 4,065,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 21,288,000 | 19,811,000 |
| Interest-bearing deposits | 19,686,000 | 18,153,000 |
| Noninterest-bearing deposits | 1,602,000 | 1,658,000 |
| Equity capital | 2,893,000 | 2,997,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 |
|---|---|---|
| Interest income | 503,000 | 1,013,000 |
| Interest expense | 260,000 | 508,000 |
| Net interest income | 243,000 | 505,000 |
| Noninterest income | 25,000 | 51,000 |
| Noninterest expense | 198,000 | 392,000 |
| Provision for loan losses | 125,000 | 155,000 |
| Pretax income | -55,000 | 9,000 |
| Income tax | -23,000 | 2,000 |
| Net income | -32,000 | 7,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 |
|---|---|---|
| Tier 1 capital | 2,373,000 | 2,420,000 |
| Total capital | 2,645,000 | 2,698,000 |
| Risk-weighted assets | 21,676,000 | 22,015,000 |