Call reports 2002
SECURITY STATE BANK — 2002
What SECURITY STATE BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 84,139,000 | 85,716,000 | 111,194,000 | 117,150,000 |
| Total loans | 6,363,000 | 6,539,000 | 7,763,000 | 7,143,000 |
| Allowance for loan losses | 20,000 | 20,000 | 20,000 | 38,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 65,338,000 | 63,181,000 | 82,827,000 | 77,903,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,860,000 | 70,027,000 | 95,106,000 | 101,574,000 |
| Interest-bearing deposits | 61,256,000 | 63,473,000 | 86,010,000 | 90,093,000 |
| Noninterest-bearing deposits | 7,604,000 | 6,554,000 | 9,096,000 | 11,481,000 |
| Equity capital | 14,558,000 | 14,948,000 | 15,327,000 | 14,881,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,115,000 | 2,232,000 | 3,342,000 | 4,634,000 |
| Interest expense | 470,000 | 921,000 | 1,343,000 | 1,850,000 |
| Net interest income | 645,000 | 1,311,000 | 1,999,000 | 2,784,000 |
| Noninterest income | 16,000 | 49,000 | 64,000 | 75,000 |
| Noninterest expense | 162,000 | 306,000 | 463,000 | 1,192,000 |
| Provision for loan losses | 0 | 0 | 0 | 30,000 |
| Pretax income | 499,000 | 1,054,000 | 1,600,000 | 1,637,000 |
| Income tax | 154,000 | 318,000 | 485,000 | 468,000 |
| Net income | 345,000 | 736,000 | 1,115,000 | 1,169,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,558,000 | 14,948,000 | 15,327,000 | 14,881,000 |
| Total capital | 14,578,000 | 14,968,000 | 15,347,000 | 14,919,000 |
| Risk-weighted assets | 23,158,000 | 21,885,000 | 30,220,000 | 30,833,000 |