Call reports 2013
SECURITY STATE BANK OF MARINE — 2013
What SECURITY STATE BANK OF MARINE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 111,847,000 | 111,964,000 | 112,443,000 | 110,211,000 |
| Total loans | 76,942,000 | 75,674,000 | 73,678,000 | 73,141,000 |
| Allowance for loan losses | 1,255,000 | 1,268,000 | 1,198,000 | 997,000 |
| Securities available for sale | 8,002,000 | 7,856,000 | 9,747,000 | 9,438,000 |
| Securities held to maturity | 767,000 | 767,000 | 737,000 | 687,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,447,000 | 100,506,000 | 100,640,000 | 98,933,000 |
| Interest-bearing deposits | 81,736,000 | 80,821,000 | 81,579,000 | 80,669,000 |
| Noninterest-bearing deposits | 18,711,000 | 19,685,000 | 19,062,000 | 18,264,000 |
| Equity capital | 10,955,000 | 11,040,000 | 11,222,000 | 11,176,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,168,000 | 2,353,000 | 3,498,000 | 4,599,000 |
| Interest expense | 156,000 | 302,000 | 442,000 | 570,000 |
| Net interest income | 1,012,000 | 2,051,000 | 3,056,000 | 4,029,000 |
| Noninterest income | 216,000 | 407,000 | 577,000 | 732,000 |
| Noninterest expense | 735,000 | 1,532,000 | 2,304,000 | 3,072,000 |
| Provision for loan losses | 150,000 | 300,000 | 390,000 | 480,000 |
| Pretax income | 343,000 | 626,000 | 939,000 | 1,209,000 |
| Income tax | 141,000 | 264,000 | 393,000 | 703,000 |
| Net income | 202,000 | 362,000 | 546,000 | 506,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,927,000 | 11,089,000 | 11,272,000 | 11,231,000 |
| Total capital | 11,759,000 | 11,913,000 | 12,087,000 | 12,034,000 |
| Risk-weighted assets | 66,142,000 | 65,504,000 | 64,856,000 | 64,048,000 |