Call reports 2003
SECURITY STATE BANK OF AITKIN — 2003
What SECURITY STATE BANK OF AITKIN 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 | 85,411,000 | 88,903,000 | 91,830,000 | 90,407,000 |
| Total loans | 60,408,000 | 64,080,000 | 62,449,000 | 61,539,000 |
| Allowance for loan losses | 1,007,000 | 1,009,000 | 1,039,000 | 1,060,000 |
| Securities available for sale | 13,306,000 | 13,857,000 | 17,017,000 | 18,872,000 |
| Securities held to maturity | 48,000 | 47,000 | 46,000 | 26,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,941,000 | 78,091,000 | 80,999,000 | 79,375,000 |
| Interest-bearing deposits | 61,740,000 | 63,507,000 | 65,193,000 | 64,867,000 |
| Noninterest-bearing deposits | 13,201,000 | 14,585,000 | 15,807,000 | 14,509,000 |
| Equity capital | 10,196,000 | 10,525,000 | 10,573,000 | 10,819,000 |
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 | 1,400,000 | 2,831,000 | 4,249,000 | 5,611,000 |
| Interest expense | 340,000 | 668,000 | 968,000 | 1,221,000 |
| Net interest income | 1,060,000 | 2,163,000 | 3,281,000 | 4,390,000 |
| Noninterest income | 103,000 | 225,000 | 334,000 | 411,000 |
| Noninterest expense | 525,000 | 1,099,000 | 1,673,000 | 2,249,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 608,000 | 1,229,000 | 1,852,000 | 2,432,000 |
| Income tax | 7,000 | 3,000 | 4,000 | 5,000 |
| Net income | 601,000 | 1,226,000 | 1,848,000 | 2,427,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,856,000 | 10,131,000 | 10,404,000 | 10,633,000 |
| Total capital | 10,647,000 | 10,974,000 | 11,241,000 | 11,476,000 |
| Risk-weighted assets | 63,060,000 | 67,291,000 | 66,751,000 | 67,184,000 |