Call reports 2004
SECURITY STATE BANK OF AITKIN — 2004
What SECURITY STATE BANK OF AITKIN reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 87,955,000 | 91,494,000 | 91,187,000 | 89,765,000 |
| Total loans | 62,401,000 | 63,735,000 | 67,611,000 | 69,059,000 |
| Allowance for loan losses | 1,089,000 | 1,105,000 | 1,038,000 | 1,065,000 |
| Securities available for sale | 17,565,000 | 19,233,000 | 17,358,000 | 15,088,000 |
| Securities held to maturity | 25,000 | 25,000 | 24,000 | 4,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,021,000 | 82,075,000 | 79,274,000 | 73,925,000 |
| Interest-bearing deposits | 63,803,000 | 65,006,000 | 62,920,000 | 58,342,000 |
| Noninterest-bearing deposits | 14,218,000 | 17,069,000 | 16,353,000 | 15,583,000 |
| Equity capital | 9,689,000 | 8,665,000 | 9,384,000 | 9,514,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,305,000 | 2,780,000 | 4,197,000 | 5,598,000 |
| Interest expense | 224,000 | 435,000 | 662,000 | 890,000 |
| Net interest income | 1,081,000 | 2,345,000 | 3,535,000 | 4,708,000 |
| Noninterest income | 79,000 | 167,000 | 392,000 | 464,000 |
| Noninterest expense | 551,000 | 1,115,000 | 1,636,000 | 2,270,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 579,000 | 1,337,000 | 2,187,000 | 2,769,000 |
| Income tax | 1,000 | -2,000 | -1,000 | -1,000 |
| Net income | 578,000 | 1,339,000 | 2,188,000 | 2,770,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,360,000 | 8,772,000 | 9,271,000 | 9,503,000 |
| Total capital | 10,211,000 | 9,653,000 | 10,165,000 | 10,410,000 |
| Risk-weighted assets | 67,843,000 | 70,294,000 | 71,388,000 | 72,404,000 |