Call reports 2010
SECURITY STATE BANK OF MARINE — 2010
What SECURITY STATE BANK OF MARINE reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 99,394,000 | 98,424,000 | 102,610,000 | 105,424,000 |
| Total loans | 73,485,000 | 73,793,000 | 73,398,000 | 72,814,000 |
| Allowance for loan losses | 1,121,000 | 1,188,000 | 1,220,000 | 1,225,000 |
| Securities available for sale | 4,111,000 | 3,106,000 | 3,615,000 | 5,496,000 |
| Securities held to maturity | 969,000 | 969,000 | 1,129,000 | 1,113,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,039,000 | 87,264,000 | 91,122,000 | 93,985,000 |
| Interest-bearing deposits | 73,143,000 | 74,506,000 | 77,270,000 | 77,653,000 |
| Noninterest-bearing deposits | 13,896,000 | 12,758,000 | 13,852,000 | 16,332,000 |
| Equity capital | 10,426,000 | 10,616,000 | 10,809,000 | 11,259,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,325,000 | 2,639,000 | 3,933,000 | 5,203,000 |
| Interest expense | 325,000 | 630,000 | 925,000 | 1,207,000 |
| Net interest income | 1,000,000 | 2,009,000 | 3,008,000 | 3,996,000 |
| Noninterest income | 192,000 | 372,000 | 542,000 | 717,000 |
| Noninterest expense | 739,000 | 1,517,000 | 2,281,000 | 3,055,000 |
| Provision for loan losses | 165,000 | 240,000 | 315,000 | 390,000 |
| Pretax income | 291,000 | 627,000 | 957,000 | 1,271,000 |
| Income tax | 119,000 | 256,000 | 403,000 | 520,000 |
| Net income | 172,000 | 371,000 | 554,000 | 751,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,406,000 | 10,605,000 | 10,787,000 | 11,281,000 |
| Total capital | 11,208,000 | 11,405,000 | 11,584,000 | 12,070,000 |
| Risk-weighted assets | 63,870,000 | 63,597,000 | 63,323,000 | 62,701,000 |