Call reports 2004
SECURITY STATE BANK — 2004
What SECURITY STATE BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 45,220,000 | 46,571,000 | 47,108,000 | 48,359,000 |
| Total loans | 34,758,000 | 36,547,000 | 37,409,000 | 38,535,000 |
| Allowance for loan losses | 424,000 | 449,000 | 479,000 | 433,000 |
| Securities available for sale | 4,753,000 | 5,143,000 | 5,719,000 | 5,684,000 |
| Securities held to maturity | 696,000 | 596,000 | 496,000 | 496,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,220,000 | 41,595,000 | 41,950,000 | 43,069,000 |
| Interest-bearing deposits | 34,687,000 | 34,996,000 | 36,335,000 | 35,242,000 |
| Noninterest-bearing deposits | 5,533,000 | 6,599,000 | 5,615,000 | 7,827,000 |
| Equity capital | 4,253,000 | 4,310,000 | 4,471,000 | 4,602,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 633,000 | 1,290,000 | 1,974,000 | 2,678,000 |
| Interest expense | 158,000 | 315,000 | 477,000 | 649,000 |
| Net interest income | 475,000 | 975,000 | 1,497,000 | 2,029,000 |
| Noninterest income | 45,000 | 85,000 | 131,000 | 182,000 |
| Noninterest expense | 307,000 | 613,000 | 920,000 | 1,250,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 110,000 |
| Pretax income | 183,000 | 387,000 | 618,000 | 851,000 |
| Income tax | 59,000 | 127,000 | 204,000 | 278,000 |
| Net income | 124,000 | 260,000 | 414,000 | 573,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,209,000 | 4,346,000 | 4,474,000 | 4,633,000 |
| Total capital | 4,597,000 | 4,754,000 | 4,893,000 | 5,066,000 |
| Risk-weighted assets | 31,043,000 | 32,573,000 | 33,257,000 | 34,891,000 |