Call reports 2017
SECURITY STATE BANK OF AITKIN — 2017
What SECURITY STATE BANK OF AITKIN reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 95,515,000 | 94,498,000 | 100,152,000 | 98,266,000 |
| Total loans | 55,394,000 | 57,116,000 | 55,469,000 | 55,548,000 |
| Allowance for loan losses | 907,000 | 896,000 | 865,000 | 869,000 |
| Securities available for sale | 23,518,000 | 22,053,000 | 22,664,000 | 26,689,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,684,000 | 82,335,000 | 87,691,000 | 86,206,000 |
| Interest-bearing deposits | 57,073,000 | 55,495,000 | 57,917,000 | 56,399,000 |
| Noninterest-bearing deposits | 26,611,000 | 26,840,000 | 29,774,000 | 29,807,000 |
| Equity capital | 10,914,000 | 11,276,000 | 11,517,000 | 11,245,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 885,000 | 1,803,000 | 2,756,000 | 3,718,000 |
| Interest expense | 41,000 | 84,000 | 131,000 | 180,000 |
| Net interest income | 844,000 | 1,719,000 | 2,625,000 | 3,538,000 |
| Noninterest income | 73,000 | 135,000 | 199,000 | 232,000 |
| Noninterest expense | 639,000 | 1,233,000 | 1,848,000 | 2,452,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 24,000 |
| Pretax income | 272,000 | 609,000 | 958,000 | 1,294,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 272,000 | 609,000 | 958,000 | 1,294,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,161,000 | 11,372,000 | 11,622,000 | 11,607,000 |
| Total capital | 11,986,000 | 12,210,000 | 12,445,000 | 12,425,000 |
| Risk-weighted assets | 65,977,000 | 67,033,000 | 65,863,000 | 65,423,000 |