Call reports 2022
SECURITY STATE BANK OF AITKIN — 2022
What SECURITY STATE BANK OF AITKIN reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 119,901,000 | 117,962,000 | 116,122,000 | 113,331,000 |
| Total loans | 46,227,000 | 44,568,000 | 45,422,000 | 46,309,000 |
| Allowance for loan losses | 1,053,000 | 1,116,000 | 1,146,000 | 1,147,000 |
| Securities available for sale | 49,207,000 | 47,336,000 | 49,331,000 | 50,508,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,839,000 | 111,465,000 | 112,535,000 | 107,535,000 |
| Interest-bearing deposits | 69,121,000 | 69,680,000 | 68,570,000 | 65,048,000 |
| Noninterest-bearing deposits | 41,718,000 | 41,785,000 | 43,965,000 | 42,487,000 |
| Equity capital | 8,370,000 | 5,806,000 | 2,850,000 | 3,760,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 893,000 | 1,815,000 | 2,792,000 | 3,800,000 |
| Interest expense | 35,000 | 70,000 | 111,000 | 185,000 |
| Net interest income | 858,000 | 1,745,000 | 2,681,000 | 3,615,000 |
| Noninterest income | -148,000 | -90,000 | -35,000 | -87,000 |
| Noninterest expense | 671,000 | 1,345,000 | 2,018,000 | 2,696,000 |
| Provision for loan losses | 53,000 | 105,000 | 105,000 | 105,000 |
| Pretax income | -14,000 | 205,000 | 523,000 | 727,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -14,000 | 205,000 | 523,000 | 727,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,284,000 | 13,353,000 | 13,522,000 | 13,576,000 |