Call reports 2004
SECURITY STATE BANK OF MARINE — 2004
What SECURITY STATE BANK OF MARINE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 78,927,000 | 82,292,000 | 85,062,000 | 88,939,000 |
| Total loans | 61,794,000 | 62,702,000 | 63,535,000 | 62,292,000 |
| Allowance for loan losses | 866,000 | 881,000 | 894,000 | 892,000 |
| Securities available for sale | 6,010,000 | 4,298,000 | 4,239,000 | 4,101,000 |
| Securities held to maturity | 2,430,000 | 3,614,000 | 3,995,000 | 3,973,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,869,000 | 69,849,000 | 72,105,000 | 76,186,000 |
| Interest-bearing deposits | 56,211,000 | 56,301,000 | 55,918,000 | 58,821,000 |
| Noninterest-bearing deposits | 10,658,000 | 13,548,000 | 16,187,000 | 17,365,000 |
| Equity capital | 8,107,000 | 8,403,000 | 8,782,000 | 9,055,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,250,000 | 2,507,000 | 3,782,000 | 5,039,000 |
| Interest expense | 293,000 | 580,000 | 865,000 | 1,159,000 |
| Net interest income | 957,000 | 1,927,000 | 2,917,000 | 3,880,000 |
| Noninterest income | 200,000 | 402,000 | 572,000 | 735,000 |
| Noninterest expense | 579,000 | 1,160,000 | 1,728,000 | 2,377,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 563,000 | 1,139,000 | 1,716,000 | 2,178,000 |
| Income tax | 222,000 | 449,000 | 672,000 | 838,000 |
| Net income | 341,000 | 690,000 | 1,044,000 | 1,340,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,049,000 | 8,406,000 | 8,760,000 | 9,057,000 |
| Total capital | 8,748,000 | 9,145,000 | 9,514,000 | 9,820,000 |
| Risk-weighted assets | 55,739,000 | 58,961,000 | 60,176,000 | 60,877,000 |