Call reports 2007
SECURITY STATE BANK OF AITKIN — 2007
What SECURITY STATE BANK OF AITKIN reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 86,990,000 | 87,553,000 | 86,776,000 | 86,742,000 |
| Total loans | 70,297,000 | 67,905,000 | 64,232,000 | 65,844,000 |
| Allowance for loan losses | 1,105,000 | 1,177,000 | 1,181,000 | 1,198,000 |
| Securities available for sale | 10,194,000 | 10,634,000 | 11,487,000 | 12,271,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,853,000 | 76,494,000 | 75,423,000 | 75,411,000 |
| Interest-bearing deposits | 57,058,000 | 61,164,000 | 59,649,000 | 59,643,000 |
| Noninterest-bearing deposits | 13,795,000 | 15,330,000 | 15,774,000 | 15,767,000 |
| Equity capital | 10,387,000 | 10,418,000 | 10,614,000 | 10,684,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,621,000 | 3,233,000 | 4,873,000 | 6,504,000 |
| Interest expense | 462,000 | 932,000 | 1,417,000 | 1,892,000 |
| Net interest income | 1,159,000 | 2,301,000 | 3,456,000 | 4,612,000 |
| Noninterest income | 79,000 | 199,000 | 304,000 | 403,000 |
| Noninterest expense | 633,000 | 1,308,000 | 1,932,000 | 2,678,000 |
| Provision for loan losses | 23,000 | 45,000 | 68,000 | 90,000 |
| Pretax income | 582,000 | 1,147,000 | 1,760,000 | 2,247,000 |
| Income tax | 0 | 2,000 | 2,000 | 2,000 |
| Net income | 582,000 | 1,145,000 | 1,758,000 | 2,245,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,440,000 | 10,503,000 | 10,616,000 | 10,602,000 |
| Total capital | 11,412,000 | 11,441,000 | 11,532,000 | 11,534,000 |
| Risk-weighted assets | 77,634,000 | 74,840,000 | 73,032,000 | 74,322,000 |