Call reports 2018
SECURITY STATE BANK OF AITKIN — 2018
What SECURITY STATE BANK OF AITKIN reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 96,543,000 | 96,646,000 | 98,294,000 | 99,160,000 |
| Total loans | 54,404,000 | 54,551,000 | 54,553,000 | 55,858,000 |
| Allowance for loan losses | 877,000 | 886,000 | 901,000 | 922,000 |
| Securities available for sale | 25,697,000 | 24,531,000 | 25,250,000 | 25,058,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,520,000 | 84,441,000 | 85,866,000 | 86,752,000 |
| Interest-bearing deposits | 56,718,000 | 56,190,000 | 56,000,000 | 57,147,000 |
| Noninterest-bearing deposits | 27,802,000 | 28,251,000 | 29,866,000 | 29,605,000 |
| Equity capital | 11,175,000 | 11,334,000 | 11,500,000 | 11,548,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 965,000 | 1,937,000 | 2,993,000 | 4,039,000 |
| Interest expense | 61,000 | 126,000 | 205,000 | 287,000 |
| Net interest income | 904,000 | 1,811,000 | 2,788,000 | 3,752,000 |
| Noninterest income | 67,000 | 137,000 | 207,000 | 270,000 |
| Noninterest expense | 620,000 | 1,276,000 | 1,867,000 | 2,476,000 |
| Provision for loan losses | 23,000 | 45,000 | 68,000 | 90,000 |
| Pretax income | 328,000 | 627,000 | 1,060,000 | 1,456,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 328,000 | 627,000 | 1,060,000 | 1,456,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,811,000 | 11,985,000 | 12,294,000 | 12,064,000 |
| Total capital | 12,566,000 | 12,752,000 | 13,070,000 | 12,858,000 |
| Risk-weighted assets | 60,336,000 | 61,268,000 | 62,025,000 | 63,462,000 |