Call reports 2013
SECURITY STATE BANK OF AITKIN — 2013
What SECURITY STATE BANK OF AITKIN reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 88,746,000 | 88,373,000 | 92,371,000 | 91,692,000 |
| Total loans | 53,175,000 | 50,594,000 | 49,487,000 | 50,836,000 |
| Allowance for loan losses | 733,000 | 553,000 | 588,000 | 663,000 |
| Securities available for sale | 20,967,000 | 21,276,000 | 22,337,000 | 22,923,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,622,000 | 78,305,000 | 82,503,000 | 82,006,000 |
| Interest-bearing deposits | 53,656,000 | 55,089,000 | 53,843,000 | 55,618,000 |
| Noninterest-bearing deposits | 24,966,000 | 23,216,000 | 28,659,000 | 26,388,000 |
| Equity capital | 9,192,000 | 8,668,000 | 8,854,000 | 8,788,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 924,000 | 1,820,000 | 2,686,000 | 3,544,000 |
| Interest expense | 57,000 | 112,000 | 165,000 | 215,000 |
| Net interest income | 867,000 | 1,708,000 | 2,521,000 | 3,329,000 |
| Noninterest income | 105,000 | 195,000 | 244,000 | 224,000 |
| Noninterest expense | 638,000 | 1,318,000 | 1,926,000 | 2,540,000 |
| Provision for loan losses | 176,000 | 326,000 | 401,000 | 476,000 |
| Pretax income | 158,000 | 259,000 | 438,000 | 537,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 158,000 | 259,000 | 438,000 | 537,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,045,000 | 9,046,000 | 9,126,000 | 9,125,000 |
| Total capital | 9,778,000 | 9,599,000 | 9,714,000 | 9,788,000 |
| Risk-weighted assets | 62,033,000 | 58,915,000 | 57,532,000 | 58,482,000 |