Call reports 2023
SECURITY STATE BANK OF AITKIN — 2023
What SECURITY STATE BANK OF AITKIN reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 108,586,000 | 106,247,000 | 107,041,000 | 110,792,000 |
| Total loans | 45,479,000 | 45,013,000 | 44,219,000 | 44,652,000 |
| Allowance for loan losses | 1,149,000 | 1,150,000 | 1,153,000 | 1,154,000 |
| Securities available for sale | 50,122,000 | 47,436,000 | 45,721,000 | 48,633,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 102,946,000 | 101,566,000 | 103,774,000 | 104,492,000 |
| Interest-bearing deposits | 67,636,000 | 65,282,000 | 65,861,000 | 66,632,000 |
| Noninterest-bearing deposits | 35,310,000 | 36,284,000 | 37,913,000 | 37,860,000 |
| Equity capital | 4,283,000 | 4,032,000 | 2,537,000 | 5,683,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,017,000 | 2,019,000 | 3,112,000 | 4,260,000 |
| Interest expense | 124,000 | 281,000 | 446,000 | 637,000 |
| Net interest income | 893,000 | 1,738,000 | 2,666,000 | 3,623,000 |
| Noninterest income | 44,000 | 100,000 | 131,000 | 182,000 |
| Noninterest expense | 697,000 | 1,495,000 | 2,202,000 | 2,928,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 193,000 | 170,000 | 422,000 | 704,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 193,000 | 170,000 | 422,000 | 704,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,619,000 | 13,521,000 | 13,623,000 | 13,754,000 |