Call reports 2009
SECURITY STATE BANK OF AITKIN — 2009
What SECURITY STATE BANK OF AITKIN reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 85,852,000 | 91,035,000 | 93,417,000 | 92,009,000 |
| Total loans | 66,088,000 | 66,550,000 | 65,330,000 | 64,999,000 |
| Allowance for loan losses | 1,039,000 | 990,000 | 954,000 | 621,000 |
| Securities available for sale | 10,514,000 | 13,770,000 | 13,805,000 | 14,358,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,558,000 | 80,706,000 | 82,976,000 | 81,955,000 |
| Interest-bearing deposits | 60,675,000 | 65,481,000 | 66,934,000 | 65,320,000 |
| Noninterest-bearing deposits | 14,882,000 | 15,225,000 | 16,041,000 | 16,636,000 |
| Equity capital | 9,318,000 | 9,292,000 | 9,340,000 | 9,142,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,259,000 | 2,489,000 | 3,719,000 | 4,961,000 |
| Interest expense | 261,000 | 521,000 | 772,000 | 994,000 |
| Net interest income | 998,000 | 1,968,000 | 2,947,000 | 3,967,000 |
| Noninterest income | 116,000 | 257,000 | 371,000 | 467,000 |
| Noninterest expense | 689,000 | 1,370,000 | 2,092,000 | 2,816,000 |
| Provision for loan losses | 38,000 | 60,000 | 83,000 | 230,000 |
| Pretax income | 387,000 | 795,000 | 1,143,000 | 1,388,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 387,000 | 795,000 | 1,143,000 | 1,388,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,138,000 | 9,171,000 | 9,144,000 | 9,015,000 |
| Total capital | 10,073,000 | 10,117,000 | 10,079,000 | 9,636,000 |
| Risk-weighted assets | 74,694,000 | 75,675,000 | 74,819,000 | 75,596,000 |