Call reports 2002
SECURITY STATE BANK OF AITKIN — 2002
What SECURITY STATE BANK OF AITKIN reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 77,668,000 | 84,182,000 | 85,380,000 | 83,249,000 |
| Total loans | 58,438,000 | 60,921,000 | 61,122,000 | 60,662,000 |
| Allowance for loan losses | 901,000 | 919,000 | 941,000 | 973,000 |
| Securities available for sale | 12,220,000 | 12,312,000 | 13,750,000 | 12,433,000 |
| Securities held to maturity | 72,000 | 70,000 | 70,000 | 49,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,364,000 | 74,413,000 | 75,213,000 | 73,065,000 |
| Interest-bearing deposits | 57,449,000 | 60,882,000 | 59,509,000 | 59,933,000 |
| Noninterest-bearing deposits | 10,915,000 | 13,531,000 | 15,704,000 | 13,132,000 |
| Equity capital | 8,882,000 | 9,332,000 | 9,697,000 | 9,950,000 |
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 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,514,000 | 2,993,000 | 4,493,000 | 5,980,000 |
| Interest expense | 577,000 | 1,017,000 | 1,441,000 | 1,809,000 |
| Net interest income | 937,000 | 1,976,000 | 3,052,000 | 4,171,000 |
| Noninterest income | 69,000 | 150,000 | 244,000 | 308,000 |
| Noninterest expense | 506,000 | 1,005,000 | 1,548,000 | 2,078,000 |
| Provision for loan losses | 27,000 | 54,000 | 81,000 | 108,000 |
| Pretax income | 473,000 | 1,067,000 | 1,667,000 | 2,293,000 |
| Income tax | 11,000 | 21,000 | 27,000 | 33,000 |
| Net income | 462,000 | 1,046,000 | 1,640,000 | 2,260,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,858,000 | 9,092,000 | 9,336,000 | 9,605,000 |
| Total capital | 9,596,000 | 9,857,000 | 10,115,000 | 10,389,000 |
| Risk-weighted assets | 58,904,000 | 61,070,000 | 62,188,000 | 62,501,000 |