Call reports 2002
SECURITY STATE BANK — 2002
What SECURITY STATE BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 40,136,000 | 42,599,000 | 41,499,000 | 41,469,000 |
| Total loans | 32,130,000 | 32,704,000 | 32,678,000 | 32,609,000 |
| Allowance for loan losses | 256,000 | 286,000 | 331,000 | 360,000 |
| Securities available for sale | 3,327,000 | 3,139,000 | 3,021,000 | 3,110,000 |
| Securities held to maturity | 1,098,000 | 937,000 | 937,000 | 837,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,298,000 | 38,586,000 | 37,334,000 | 36,594,000 |
| Interest-bearing deposits | 31,518,000 | 33,639,000 | 31,755,000 | 30,540,000 |
| Noninterest-bearing deposits | 4,780,000 | 4,947,000 | 5,579,000 | 6,054,000 |
| Equity capital | 3,256,000 | 3,406,000 | 3,535,000 | 3,666,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 677,000 | 1,378,000 | 2,082,000 | 2,765,000 |
| Interest expense | 268,000 | 525,000 | 766,000 | 982,000 |
| Net interest income | 409,000 | 853,000 | 1,316,000 | 1,783,000 |
| Noninterest income | 35,000 | 98,000 | 153,000 | 212,000 |
| Noninterest expense | 264,000 | 538,000 | 808,000 | 1,113,000 |
| Provision for loan losses | 40,000 | 70,000 | 120,000 | 150,000 |
| Pretax income | 140,000 | 343,000 | 541,000 | 732,000 |
| Income tax | 45,000 | 110,000 | 176,000 | 229,000 |
| Net income | 95,000 | 233,000 | 365,000 | 503,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,175,000 | 3,315,000 | 3,446,000 | 3,584,000 |
| Total capital | 3,431,000 | 3,601,000 | 3,777,000 | 3,944,000 |
| Risk-weighted assets | 32,872,000 | 33,531,000 | 33,464,000 | 33,549,000 |