Call reports 2011
SECURITY STATE BANK OF MARINE — 2011
What SECURITY STATE BANK OF MARINE reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 104,533,000 | 104,887,000 | 106,129,000 | 110,273,000 |
| Total loans | 72,611,000 | 73,252,000 | 71,656,000 | 72,308,000 |
| Allowance for loan losses | 1,275,000 | 1,163,000 | 1,242,000 | 1,204,000 |
| Securities available for sale | 6,487,000 | 6,001,000 | 6,988,000 | 7,675,000 |
| Securities held to maturity | 1,028,000 | 1,178,000 | 1,138,000 | 1,120,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 93,285,000 | 93,448,000 | 94,209,000 | 98,791,000 |
| Interest-bearing deposits | 77,630,000 | 78,232,000 | 79,583,000 | 82,418,000 |
| Noninterest-bearing deposits | 15,655,000 | 15,216,000 | 14,626,000 | 16,373,000 |
| Equity capital | 10,795,000 | 10,945,000 | 11,144,000 | 11,302,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,234,000 | 2,475,000 | 3,717,000 | 4,935,000 |
| Interest expense | 266,000 | 519,000 | 768,000 | 994,000 |
| Net interest income | 968,000 | 1,956,000 | 2,949,000 | 3,941,000 |
| Noninterest income | 168,000 | 360,000 | 562,000 | 674,000 |
| Noninterest expense | 768,000 | 1,576,000 | 2,377,000 | 3,109,000 |
| Provision for loan losses | 75,000 | 235,000 | 340,000 | 520,000 |
| Pretax income | 293,000 | 505,000 | 794,000 | 986,000 |
| Income tax | 113,000 | 203,000 | 307,000 | 330,000 |
| Net income | 180,000 | 302,000 | 487,000 | 656,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,801,000 | 10,923,000 | 11,109,000 | 11,277,000 |
| Total capital | 11,592,000 | 11,725,000 | 11,913,000 | 12,083,000 |
| Risk-weighted assets | 62,779,000 | 63,780,000 | 63,901,000 | 64,118,000 |