Call reports 2003
SECURITY STATE BANK — 2003
What SECURITY STATE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 114,161,000 | 105,015,000 | 99,212,000 | 101,938,000 |
| Total loans | 5,012,000 | 6,603,000 | 6,654,000 | 7,018,000 |
| Allowance for loan losses | 41,000 | 41,000 | 41,000 | 41,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 74,939,000 | 77,366,000 | 69,281,000 | 83,147,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 98,345,000 | 88,705,000 | 82,568,000 | 86,524,000 |
| Interest-bearing deposits | 89,666,000 | 80,341,000 | 74,352,000 | 74,514,000 |
| Noninterest-bearing deposits | 8,679,000 | 8,364,000 | 8,217,000 | 12,010,000 |
| Equity capital | 15,267,000 | 15,807,000 | 16,153,000 | 15,087,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,105,000 | 2,379,000 | 3,333,000 | 4,352,000 |
| Interest expense | 433,000 | 809,000 | 1,121,000 | 1,403,000 |
| Net interest income | 672,000 | 1,570,000 | 2,212,000 | 2,949,000 |
| Noninterest income | 75,000 | 91,000 | 105,000 | 128,000 |
| Noninterest expense | 196,000 | 334,000 | 501,000 | 1,405,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 551,000 | 1,327,000 | 1,816,000 | 1,672,000 |
| Income tax | 165,000 | 402,000 | 545,000 | 466,000 |
| Net income | 386,000 | 925,000 | 1,271,000 | 1,206,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,267,000 | 15,807,000 | 16,153,000 | 15,087,000 |
| Total capital | 15,308,000 | 15,848,000 | 16,194,000 | 15,128,000 |
| Risk-weighted assets | 28,889,000 | 28,821,000 | 27,604,000 | 27,662,000 |