Call reports 2014
SECURITY STATE BANK OF AITKIN — 2014
What SECURITY STATE BANK OF AITKIN reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 90,188,000 | 90,138,000 | 92,285,000 | 92,498,000 |
| Total loans | 50,275,000 | 50,392,000 | 52,244,000 | 52,528,000 |
| Allowance for loan losses | 708,000 | 754,000 | 846,000 | 784,000 |
| Securities available for sale | 22,779,000 | 22,962,000 | 23,366,000 | 24,178,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,282,000 | 79,863,000 | 81,702,000 | 82,016,000 |
| Interest-bearing deposits | 55,289,000 | 57,677,000 | 57,944,000 | 56,907,000 |
| Noninterest-bearing deposits | 24,993,000 | 22,186,000 | 23,758,000 | 25,109,000 |
| Equity capital | 8,983,000 | 9,264,000 | 9,400,000 | 9,541,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 849,000 | 1,703,000 | 2,600,000 | 3,483,000 |
| Interest expense | 47,000 | 95,000 | 140,000 | 186,000 |
| Net interest income | 802,000 | 1,608,000 | 2,460,000 | 3,297,000 |
| Noninterest income | 54,000 | 134,000 | 213,000 | 214,000 |
| Noninterest expense | 603,000 | 1,193,000 | 1,773,000 | 2,377,000 |
| Provision for loan losses | 45,000 | 90,000 | 183,000 | 205,000 |
| Pretax income | 208,000 | 459,000 | 717,000 | 929,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 208,000 | 459,000 | 717,000 | 929,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,234,000 | 9,385,000 | 9,542,000 | 9,654,000 |
| Total capital | 9,942,000 | 10,115,000 | 10,290,000 | 10,400,000 |
| Risk-weighted assets | 58,210,000 | 58,379,000 | 59,719,000 | 59,677,000 |