Call reports 2010
SECURITY STATE BANK OF AITKIN — 2010
What SECURITY STATE BANK OF AITKIN reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 90,878,000 | 89,404,000 | 91,085,000 | 86,334,000 |
| Total loans | 65,599,000 | 65,862,000 | 64,637,000 | 60,992,000 |
| Allowance for loan losses | 666,000 | 776,000 | 770,000 | 699,000 |
| Securities available for sale | 14,638,000 | 13,125,000 | 13,702,000 | 13,479,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,139,000 | 78,250,000 | 80,737,000 | 76,420,000 |
| Interest-bearing deposits | 62,160,000 | 63,534,000 | 64,772,000 | 60,459,000 |
| Noninterest-bearing deposits | 14,979,000 | 14,716,000 | 15,965,000 | 15,960,000 |
| Equity capital | 9,186,000 | 9,162,000 | 9,196,000 | 8,919,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,206,000 | 2,380,000 | 3,597,000 | 4,667,000 |
| Interest expense | 193,000 | 372,000 | 536,000 | 679,000 |
| Net interest income | 1,013,000 | 2,008,000 | 3,061,000 | 3,988,000 |
| Noninterest income | 81,000 | 172,000 | 258,000 | 287,000 |
| Noninterest expense | 670,000 | 1,315,000 | 1,987,000 | 2,669,000 |
| Provision for loan losses | 45,000 | 240,000 | 355,000 | 400,000 |
| Pretax income | 379,000 | 625,000 | 977,000 | 1,206,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 379,000 | 625,000 | 977,000 | 1,206,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,069,000 | 8,989,000 | 9,017,000 | 8,921,000 |
| Total capital | 9,735,000 | 9,765,000 | 9,787,000 | 9,620,000 |
| Risk-weighted assets | 75,158,000 | 74,540,000 | 73,155,000 | 70,136,000 |