Call reports 2005
SECURITY STATE BANK OF MARINE — 2005
What SECURITY STATE BANK OF MARINE reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 83,362,000 | 83,614,000 | 87,558,000 | 88,447,000 |
| Total loans | 65,568,000 | 68,366,000 | 72,546,000 | 71,184,000 |
| Allowance for loan losses | 905,000 | 930,000 | 940,000 | 932,000 |
| Securities available for sale | 4,346,000 | 3,314,000 | 3,249,000 | 3,131,000 |
| Securities held to maturity | 3,563,000 | 3,631,000 | 3,318,000 | 3,296,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,683,000 | 71,331,000 | 74,874,000 | 75,911,000 |
| Interest-bearing deposits | 59,969,000 | 58,624,000 | 61,398,000 | 62,840,000 |
| Noninterest-bearing deposits | 11,714,000 | 12,707,000 | 13,476,000 | 13,071,000 |
| Equity capital | 8,659,000 | 9,065,000 | 9,408,000 | 9,698,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 1,261,000 | 2,681,000 | 4,096,000 | 5,508,000 |
| Interest expense | 312,000 | 641,000 | 1,008,000 | 1,408,000 |
| Net interest income | 949,000 | 2,040,000 | 3,088,000 | 4,100,000 |
| Noninterest income | 180,000 | 355,000 | 540,000 | 714,000 |
| Noninterest expense | 608,000 | 1,223,000 | 1,858,000 | 2,505,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 506,000 | 1,142,000 | 1,725,000 | 2,249,000 |
| Income tax | 201,000 | 453,000 | 682,000 | 899,000 |
| Net income | 305,000 | 689,000 | 1,043,000 | 1,350,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,702,000 | 9,086,000 | 9,440,000 | 9,747,000 |
| Total capital | 9,468,000 | 9,882,000 | 10,289,000 | 10,596,000 |
| Risk-weighted assets | 61,156,000 | 63,518,000 | 67,806,000 | 67,831,000 |