Call reports 2021
SECURITY STATE BANK OF AITKIN — 2021
What SECURITY STATE BANK OF AITKIN reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 116,588,000 | 122,486,000 | 127,712,000 | 127,438,000 |
| Total loans | 54,372,000 | 52,430,000 | 48,953,000 | 47,458,000 |
| Allowance for loan losses | 1,493,000 | 1,437,000 | 956,000 | 989,000 |
| Securities available for sale | 34,341,000 | 38,789,000 | 43,164,000 | 46,558,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 103,123,000 | 108,871,000 | 114,022,000 | 114,121,000 |
| Interest-bearing deposits | 64,837,000 | 67,659,000 | 71,050,000 | 69,396,000 |
| Noninterest-bearing deposits | 38,286,000 | 41,212,000 | 42,972,000 | 44,725,000 |
| Equity capital | 12,737,000 | 12,880,000 | 12,915,000 | 12,663,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 988,000 | 1,905,000 | 2,781,000 | 3,664,000 |
| Interest expense | 46,000 | 91,000 | 134,000 | 173,000 |
| Net interest income | 942,000 | 1,814,000 | 2,647,000 | 3,491,000 |
| Noninterest income | 85,000 | 147,000 | 229,000 | 286,000 |
| Noninterest expense | 655,000 | 1,398,000 | 2,014,000 | 2,688,000 |
| Provision for loan losses | 53,000 | 105,000 | 157,000 | 210,000 |
| Pretax income | 319,000 | 458,000 | 705,000 | 879,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 319,000 | 458,000 | 705,000 | 879,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,439,000 | 13,377,000 | 13,424,000 | 13,448,000 |