Call reports 2010
SECURITY STATE BANK — 2010
What SECURITY STATE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 69,824,000 | 68,417,000 | 74,739,000 | 72,699,000 |
| Total loans | 48,435,000 | 49,650,000 | 51,177,000 | 52,434,000 |
| Allowance for loan losses | 795,000 | 856,000 | 916,000 | 976,000 |
| Securities available for sale | 9,692,000 | 9,251,000 | 9,664,000 | 9,989,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,561,000 | 60,195,000 | 66,314,000 | 64,270,000 |
| Interest-bearing deposits | 53,979,000 | 52,302,000 | 56,745,000 | 54,061,000 |
| Noninterest-bearing deposits | 7,582,000 | 7,893,000 | 9,569,000 | 10,209,000 |
| Equity capital | 7,702,000 | 7,885,000 | 8,068,000 | 8,158,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 825,000 | 1,669,000 | 2,526,000 | 3,389,000 |
| Interest expense | 186,000 | 380,000 | 570,000 | 756,000 |
| Net interest income | 639,000 | 1,289,000 | 1,956,000 | 2,633,000 |
| Noninterest income | 49,000 | 101,000 | 154,000 | 208,000 |
| Noninterest expense | 385,000 | 766,000 | 1,140,000 | 1,556,000 |
| Provision for loan losses | 55,000 | 115,000 | 175,000 | 235,000 |
| Pretax income | 248,000 | 509,000 | 795,000 | 1,050,000 |
| Income tax | 76,000 | 154,000 | 245,000 | 296,000 |
| Net income | 172,000 | 355,000 | 550,000 | 754,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,479,000 | 7,663,000 | 7,828,000 | 8,032,000 |
| Total capital | 8,208,000 | 8,386,000 | 8,554,000 | 8,807,000 |
| Risk-weighted assets | 58,222,000 | 57,692,000 | 63,252,000 | 61,818,000 |