Call reports 2006
SECURITY STATE BANK OF MARINE — 2006
What SECURITY STATE BANK OF MARINE reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 87,955,000 | 91,199,000 | 89,537,000 | 89,434,000 |
| Total loans | 71,937,000 | 73,251,000 | 74,406,000 | 74,224,000 |
| Allowance for loan losses | 930,000 | 953,000 | 949,000 | 919,000 |
| Securities available for sale | 3,110,000 | 3,583,000 | 4,110,000 | 4,067,000 |
| Securities held to maturity | 3,022,000 | 3,004,000 | 2,926,000 | 2,890,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,466,000 | 78,834,000 | 76,632,000 | 76,732,000 |
| Interest-bearing deposits | 64,020,000 | 65,864,000 | 65,158,000 | 64,963,000 |
| Noninterest-bearing deposits | 11,446,000 | 12,970,000 | 11,474,000 | 11,769,000 |
| Equity capital | 9,359,000 | 9,677,000 | 10,026,000 | 10,305,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 1,452,000 | 2,954,000 | 4,512,000 | 6,019,000 |
| Interest expense | 482,000 | 990,000 | 1,549,000 | 2,102,000 |
| Net interest income | 970,000 | 1,964,000 | 2,963,000 | 3,917,000 |
| Noninterest income | 200,000 | 386,000 | 565,000 | 721,000 |
| Noninterest expense | 611,000 | 1,225,000 | 1,846,000 | 2,515,000 |
| Provision for loan losses | 21,000 | 42,000 | 63,000 | 84,000 |
| Pretax income | 538,000 | 1,083,000 | 1,619,000 | 2,039,000 |
| Income tax | 216,000 | 434,000 | 651,000 | 802,000 |
| Net income | 322,000 | 649,000 | 968,000 | 1,237,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,410,000 | 9,736,000 | 10,056,000 | 10,325,000 |
| Total capital | 10,254,000 | 10,597,000 | 10,924,000 | 11,181,000 |
| Risk-weighted assets | 67,417,000 | 68,799,000 | 69,354,000 | 68,452,000 |