Call reports 2020
SECURITY STATE BANK OF AITKIN — 2020
What SECURITY STATE BANK OF AITKIN reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 99,691,000 | 114,034,000 | 114,912,000 | 118,628,000 |
| Total loans | 58,270,000 | 63,339,000 | 62,456,000 | 55,803,000 |
| Allowance for loan losses | 1,070,000 | 1,124,000 | 1,217,000 | 1,441,000 |
| Securities available for sale | 21,090,000 | 21,128,000 | 24,058,000 | 27,688,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,910,000 | 99,859,000 | 100,455,000 | 104,500,000 |
| Interest-bearing deposits | 57,058,000 | 62,952,000 | 63,209,000 | 62,846,000 |
| Noninterest-bearing deposits | 28,852,000 | 36,907,000 | 37,246,000 | 41,654,000 |
| Equity capital | 13,006,000 | 13,397,000 | 13,639,000 | 13,433,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,089,000 | 2,353,000 | 3,292,000 | 4,187,000 |
| Interest expense | 73,000 | 136,000 | 193,000 | 249,000 |
| Net interest income | 1,016,000 | 2,217,000 | 3,099,000 | 3,938,000 |
| Noninterest income | 56,000 | 95,000 | 363,000 | 710,000 |
| Noninterest expense | 627,000 | 1,219,000 | 1,789,000 | 2,445,000 |
| Provision for loan losses | 128,000 | 180,000 | 233,000 | 455,000 |
| Pretax income | 317,000 | 913,000 | 1,440,000 | 1,748,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 317,000 | 913,000 | 1,440,000 | 1,748,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,788,000 | 13,134,000 | 13,412,000 | 13,319,000 |
| Total capital | 13,598,000 | — | — | — |
| Risk-weighted assets | 64,603,000 | — | — | — |