Call reports 2009
SECURITY STATE BANK OF MARINE — 2009
What SECURITY STATE BANK OF MARINE reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 100,393,000 | 101,004,000 | 102,546,000 | 101,759,000 |
| Total loans | 76,816,000 | 77,636,000 | 76,950,000 | 74,568,000 |
| Allowance for loan losses | 1,039,000 | 1,077,000 | 1,163,000 | 1,114,000 |
| Securities available for sale | 5,602,000 | 5,054,000 | 5,476,000 | 5,436,000 |
| Securities held to maturity | 1,420,000 | 1,420,000 | 1,180,000 | 1,049,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 86,875,000 | 85,180,000 | 87,587,000 | 88,158,000 |
| Interest-bearing deposits | 74,388,000 | 72,303,000 | 75,342,000 | 74,786,000 |
| Noninterest-bearing deposits | 12,487,000 | 12,877,000 | 12,245,000 | 13,372,000 |
| Equity capital | 10,301,000 | 10,550,000 | 10,736,000 | 10,924,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,444,000 | 2,901,000 | 4,352,000 | 5,754,000 |
| Interest expense | 447,000 | 879,000 | 1,283,000 | 1,652,000 |
| Net interest income | 997,000 | 2,022,000 | 3,069,000 | 4,102,000 |
| Noninterest income | 158,000 | 343,000 | 537,000 | 756,000 |
| Noninterest expense | 725,000 | 1,498,000 | 2,302,000 | 3,082,000 |
| Provision for loan losses | 24,000 | 60,000 | 182,000 | 372,000 |
| Pretax income | 406,000 | 807,000 | 1,122,000 | 1,404,000 |
| Income tax | 162,000 | 331,000 | 473,000 | 573,000 |
| Net income | 244,000 | 476,000 | 649,000 | 831,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,306,000 | 10,538,000 | 10,711,000 | 10,893,000 |
| Total capital | 11,143,000 | 11,380,000 | 11,553,000 | 11,719,000 |
| Risk-weighted assets | 66,602,000 | 67,149,000 | 67,079,000 | 65,791,000 |