Call reports 2007
SECURITY STATE BANK — 2007
What SECURITY STATE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 51,368,000 | 51,381,000 | 54,642,000 | 56,069,000 |
| Total loans | 38,011,000 | 38,374,000 | 37,990,000 | 40,442,000 |
| Allowance for loan losses | 548,000 | 542,000 | 542,000 | 554,000 |
| Securities available for sale | 8,194,000 | 7,244,000 | 8,330,000 | 9,456,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,676,000 | 43,554,000 | 46,604,000 | 48,009,000 |
| Interest-bearing deposits | 37,477,000 | 36,722,000 | 39,776,000 | 39,555,000 |
| Noninterest-bearing deposits | 6,199,000 | 6,832,000 | 6,828,000 | 8,454,000 |
| Equity capital | 5,822,000 | 5,935,000 | 6,118,000 | 6,311,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 853,000 | 1,718,000 | 2,611,000 | 3,513,000 |
| Interest expense | 354,000 | 721,000 | 1,116,000 | 1,511,000 |
| Net interest income | 499,000 | 997,000 | 1,495,000 | 2,002,000 |
| Noninterest income | 51,000 | 106,000 | 158,000 | 252,000 |
| Noninterest expense | 347,000 | 678,000 | 1,006,000 | 1,388,000 |
| Provision for loan losses | 10,000 | 18,000 | 18,000 | 31,000 |
| Pretax income | 193,000 | 407,000 | 629,000 | 835,000 |
| Income tax | 59,000 | 131,000 | 202,000 | 268,000 |
| Net income | 134,000 | 276,000 | 427,000 | 567,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,850,000 | 5,992,000 | 6,112,000 | 6,253,000 |
| Total capital | 6,372,000 | 6,518,000 | 6,654,000 | 6,761,000 |
| Risk-weighted assets | 41,868,000 | 42,096,000 | 45,268,000 | 45,286,000 |