Call reports 2009
SECURITY STATE BANK — 2009
What SECURITY STATE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 59,187,000 | 60,013,000 | 60,392,000 | 64,532,000 |
| Total loans | 43,702,000 | 43,217,000 | 46,148,000 | 47,992,000 |
| Allowance for loan losses | 601,000 | 630,000 | 679,000 | 739,000 |
| Securities available for sale | 10,520,000 | 9,860,000 | 9,843,000 | 9,628,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,621,000 | 52,420,000 | 52,564,000 | 56,563,000 |
| Interest-bearing deposits | 43,447,000 | 44,360,000 | 45,551,000 | 47,635,000 |
| Noninterest-bearing deposits | 8,174,000 | 8,060,000 | 7,013,000 | 8,928,000 |
| Equity capital | 7,090,000 | 7,235,000 | 7,451,000 | 7,580,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 789,000 | 1,577,000 | 2,393,000 | 3,234,000 |
| Interest expense | 196,000 | 385,000 | 577,000 | 768,000 |
| Net interest income | 593,000 | 1,192,000 | 1,816,000 | 2,466,000 |
| Noninterest income | 50,000 | 95,000 | 183,000 | 224,000 |
| Noninterest expense | 399,000 | 777,000 | 1,159,000 | 1,554,000 |
| Provision for loan losses | 20,000 | 50,000 | 100,000 | 160,000 |
| Pretax income | 224,000 | 460,000 | 740,000 | 976,000 |
| Income tax | 67,000 | 140,000 | 229,000 | 323,000 |
| Net income | 157,000 | 320,000 | 511,000 | 653,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,872,000 | 7,035,000 | 7,195,000 | 7,337,000 |
| Total capital | 7,465,000 | 7,581,000 | 7,763,000 | 8,009,000 |
| Risk-weighted assets | 47,427,000 | 48,623,000 | 50,127,000 | 53,723,000 |