Call reports 2007
SECURITY STATE BANK OF MARINE — 2007
What SECURITY STATE BANK OF MARINE reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 87,198,000 | 90,676,000 | 92,255,000 | 96,416,000 |
| Total loans | 71,973,000 | 73,444,000 | 74,272,000 | 74,977,000 |
| Allowance for loan losses | 915,000 | 951,000 | 976,000 | 998,000 |
| Securities available for sale | 4,082,000 | 4,548,000 | 4,606,000 | 5,719,000 |
| Securities held to maturity | 2,620,000 | 2,601,000 | 2,318,000 | 2,252,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,707,000 | 77,846,000 | 78,938,000 | 82,336,000 |
| Interest-bearing deposits | 63,729,000 | 67,194,000 | 66,599,000 | 70,089,000 |
| Noninterest-bearing deposits | 10,978,000 | 10,652,000 | 12,339,000 | 12,247,000 |
| Equity capital | 9,884,000 | 10,132,000 | 10,390,000 | 10,633,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,482,000 | 3,008,000 | 4,574,000 | 6,152,000 |
| Interest expense | 586,000 | 1,187,000 | 1,828,000 | 2,500,000 |
| Net interest income | 896,000 | 1,821,000 | 2,746,000 | 3,652,000 |
| Noninterest income | 180,000 | 354,000 | 517,000 | 680,000 |
| Noninterest expense | 676,000 | 1,409,000 | 2,113,000 | 2,859,000 |
| Provision for loan losses | 71,000 | 92,000 | 113,000 | 134,000 |
| Pretax income | 329,000 | 674,000 | 1,037,000 | 1,339,000 |
| Income tax | 100,000 | 180,000 | 323,000 | 418,000 |
| Net income | 229,000 | 494,000 | 714,000 | 921,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,894,000 | 10,158,000 | 10,378,000 | 10,585,000 |
| Total capital | 10,687,000 | 10,979,000 | 11,196,000 | 11,426,000 |
| Risk-weighted assets | 63,296,000 | 65,585,000 | 65,317,000 | 67,099,000 |