Call reports 2003
SECURITY STATE BANK OF MARINE — 2003
What SECURITY STATE BANK OF MARINE 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 | 74,587,000 | 75,862,000 | 78,997,000 | 80,533,000 |
| Total loans | 55,062,000 | 54,902,000 | 55,734,000 | 59,935,000 |
| Allowance for loan losses | 808,000 | 811,000 | 829,000 | 844,000 |
| Securities available for sale | 6,940,000 | 6,205,000 | 6,241,000 | 6,630,000 |
| Securities held to maturity | 2,013,000 | 2,824,000 | 2,715,000 | 2,825,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,807,000 | 64,162,000 | 67,643,000 | 69,434,000 |
| Interest-bearing deposits | 54,993,000 | 54,476,000 | 56,615,000 | 57,726,000 |
| Noninterest-bearing deposits | 9,814,000 | 9,686,000 | 11,028,000 | 11,708,000 |
| Equity capital | 7,390,000 | 7,737,000 | 8,053,000 | 8,329,000 |
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 | 1,214,000 | 2,444,000 | 3,667,000 | 4,916,000 |
| Interest expense | 326,000 | 657,000 | 980,000 | 1,285,000 |
| Net interest income | 888,000 | 1,787,000 | 2,687,000 | 3,631,000 |
| Noninterest income | 225,000 | 489,000 | 774,000 | 934,000 |
| Noninterest expense | 533,000 | 1,080,000 | 1,689,000 | 2,315,000 |
| Provision for loan losses | 18,000 | 36,000 | 54,000 | 72,000 |
| Pretax income | 562,000 | 1,160,000 | 1,718,000 | 2,178,000 |
| Income tax | 225,000 | 466,000 | 686,000 | 864,000 |
| Net income | 337,000 | 694,000 | 1,032,000 | 1,314,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,295,000 | 7,651,000 | 7,989,000 | 8,271,000 |
| Total capital | 7,911,000 | 8,275,000 | 8,645,000 | 8,967,000 |
| Risk-weighted assets | 49,067,000 | 49,716,000 | 52,338,000 | 55,509,000 |