Call reports 2011
SECURITY STATE BANK OF AITKIN — 2011
What SECURITY STATE BANK OF AITKIN reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 85,795,000 | 88,595,000 | 87,770,000 | 85,433,000 |
| Total loans | 60,245,000 | 59,410,000 | 62,010,000 | 60,510,000 |
| Allowance for loan losses | 637,000 | 911,000 | 780,000 | 679,000 |
| Securities available for sale | 12,542,000 | 12,953,000 | 11,417,000 | 12,515,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,858,000 | 78,348,000 | 77,250,000 | 74,881,000 |
| Interest-bearing deposits | 56,579,000 | 58,319,000 | 52,119,000 | 52,382,000 |
| Noninterest-bearing deposits | 19,279,000 | 20,029,000 | 25,130,000 | 22,498,000 |
| Equity capital | 8,885,000 | 9,263,000 | 9,546,000 | 9,571,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,015,000 | 2,139,000 | 3,256,000 | 4,331,000 |
| Interest expense | 128,000 | 231,000 | 319,000 | 401,000 |
| Net interest income | 887,000 | 1,908,000 | 2,937,000 | 3,930,000 |
| Noninterest income | 93,000 | 210,000 | 163,000 | 272,000 |
| Noninterest expense | 692,000 | 1,275,000 | 1,815,000 | 2,509,000 |
| Provision for loan losses | 75,000 | 350,000 | 425,000 | 590,000 |
| Pretax income | 213,000 | 493,000 | 860,000 | 1,103,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 213,000 | 493,000 | 860,000 | 1,103,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,859,000 | 9,139,000 | 9,356,000 | 9,373,000 |
| Total capital | 9,496,000 | 10,007,000 | 10,136,000 | 10,052,000 |
| Risk-weighted assets | 70,286,000 | 69,837,000 | 71,166,000 | 69,004,000 |