Call reports 2002
SECURITY STATE BANK OF MARINE — 2002
What SECURITY STATE BANK OF MARINE 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 | 68,100,000 | 68,693,000 | 70,243,000 | 72,708,000 |
| Total loans | 45,844,000 | 49,007,000 | 50,225,000 | 51,164,000 |
| Allowance for loan losses | 761,000 | 768,000 | 782,000 | 795,000 |
| Securities available for sale | 8,335,000 | 8,177,000 | 7,518,000 | 7,373,000 |
| Securities held to maturity | 1,566,000 | 2,491,000 | 2,487,000 | 2,468,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,332,000 | 60,446,000 | 61,489,000 | 64,114,000 |
| Interest-bearing deposits | 51,802,000 | 51,449,000 | 52,876,000 | 53,737,000 |
| Noninterest-bearing deposits | 8,530,000 | 8,997,000 | 8,613,000 | 10,377,000 |
| Equity capital | 6,486,000 | 6,826,000 | 7,194,000 | 7,507,000 |
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 | 1,143,000 | 2,335,000 | 3,557,000 | 4,765,000 |
| Interest expense | 407,000 | 785,000 | 1,161,000 | 1,512,000 |
| Net interest income | 736,000 | 1,550,000 | 2,396,000 | 3,253,000 |
| Noninterest income | 167,000 | 345,000 | 574,000 | 863,000 |
| Noninterest expense | 470,000 | 956,000 | 1,474,000 | 2,081,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 418,000 | 909,000 | 1,451,000 | 1,975,000 |
| Income tax | 168,000 | 365,000 | 578,000 | 785,000 |
| Net income | 250,000 | 544,000 | 873,000 | 1,190,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,467,000 | 6,762,000 | 7,091,000 | 7,408,000 |
| Total capital | 7,005,000 | 7,333,000 | 7,696,000 | 8,018,000 |
| Risk-weighted assets | 42,812,000 | 45,446,000 | 48,257,000 | 48,610,000 |