Call reports 2016
SECURITY STATE BANK OF AITKIN — 2016
What SECURITY STATE BANK OF AITKIN reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 94,994,000 | 94,516,000 | 95,276,000 | 94,601,000 |
| Total loans | 55,666,000 | 55,955,000 | 54,977,000 | 54,575,000 |
| Allowance for loan losses | 913,000 | 921,000 | 929,000 | 900,000 |
| Securities available for sale | 22,800,000 | 22,147,000 | 22,787,000 | 24,067,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,216,000 | 82,682,000 | 83,255,000 | 83,035,000 |
| Interest-bearing deposits | 57,026,000 | 56,862,000 | 56,399,000 | 55,575,000 |
| Noninterest-bearing deposits | 26,190,000 | 25,820,000 | 26,856,000 | 27,460,000 |
| Equity capital | 10,607,000 | 10,914,000 | 11,037,000 | 10,634,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 900,000 | 1,809,000 | 2,728,000 | 3,621,000 |
| Interest expense | 41,000 | 81,000 | 122,000 | 163,000 |
| Net interest income | 859,000 | 1,728,000 | 2,606,000 | 3,458,000 |
| Noninterest income | 80,000 | 133,000 | 219,000 | 253,000 |
| Noninterest expense | 636,000 | 1,252,000 | 1,905,000 | 2,544,000 |
| Provision for loan losses | 8,000 | 15,000 | 23,000 | 30,000 |
| Pretax income | 295,000 | 594,000 | 897,000 | 1,137,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 295,000 | 594,000 | 897,000 | 1,137,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,522,000 | 10,721,000 | 10,899,000 | 11,014,000 |
| Total capital | 11,356,000 | 11,554,000 | 11,724,000 | 11,839,000 |
| Risk-weighted assets | 66,696,000 | 66,604,000 | 65,908,000 | 65,933,000 |