Call reports 2003
SECURITY STATE BANK — 2003
What SECURITY STATE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 44,380,000 | 44,041,000 | 43,300,000 | 45,818,000 |
| Total loans | 32,356,000 | 32,694,000 | 34,251,000 | 34,823,000 |
| Allowance for loan losses | 390,000 | 412,000 | 392,000 | 394,000 |
| Securities available for sale | 2,974,000 | 2,951,000 | 3,131,000 | 3,514,000 |
| Securities held to maturity | 837,000 | 696,000 | 696,000 | 696,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,490,000 | 39,068,000 | 38,622,000 | 41,031,000 |
| Interest-bearing deposits | 33,833,000 | 33,617,000 | 33,111,000 | 33,682,000 |
| Noninterest-bearing deposits | 5,657,000 | 5,451,000 | 5,511,000 | 7,349,000 |
| Equity capital | 3,773,000 | 3,905,000 | 3,990,000 | 4,117,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 649,000 | 1,296,000 | 1,949,000 | 2,604,000 |
| Interest expense | 206,000 | 403,000 | 580,000 | 741,000 |
| Net interest income | 443,000 | 893,000 | 1,369,000 | 1,863,000 |
| Noninterest income | 58,000 | 118,000 | 174,000 | 226,000 |
| Noninterest expense | 286,000 | 574,000 | 878,000 | 1,194,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 185,000 | 377,000 | 575,000 | 775,000 |
| Income tax | 59,000 | 123,000 | 189,000 | 250,000 |
| Net income | 126,000 | 254,000 | 386,000 | 525,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,710,000 | 3,839,000 | 3,946,000 | 4,085,000 |
| Total capital | 4,100,000 | 4,251,000 | 4,338,000 | 4,479,000 |
| Risk-weighted assets | 34,953,000 | 33,349,000 | 30,680,000 | 31,357,000 |