Call reports 2014
SECURITY STATE BANK OF MARINE — 2014
What SECURITY STATE BANK OF MARINE reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 112,386,000 | 113,860,000 | 115,110,000 | 120,457,000 |
| Total loans | 76,402,000 | 78,183,000 | 78,883,000 | 83,054,000 |
| Allowance for loan losses | 1,089,000 | 1,150,000 | 1,181,000 | 1,192,000 |
| Securities available for sale | 9,943,000 | 9,962,000 | 9,928,000 | 8,540,000 |
| Securities held to maturity | 432,000 | 432,000 | 282,000 | 232,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,138,000 | 102,346,000 | 103,173,000 | 108,630,000 |
| Interest-bearing deposits | 81,924,000 | 82,127,000 | 82,683,000 | 86,283,000 |
| Noninterest-bearing deposits | 19,214,000 | 20,219,000 | 20,490,000 | 22,347,000 |
| Equity capital | 10,974,000 | 11,099,000 | 11,350,000 | 11,726,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,089,000 | 2,238,000 | 3,392,000 | 4,584,000 |
| Interest expense | 125,000 | 249,000 | 371,000 | 487,000 |
| Net interest income | 964,000 | 1,989,000 | 3,021,000 | 4,097,000 |
| Noninterest income | 178,000 | 336,000 | 524,000 | 689,000 |
| Noninterest expense | 773,000 | 1,564,000 | 2,361,000 | 3,180,000 |
| Provision for loan losses | 68,000 | 135,000 | 145,000 | 200,000 |
| Pretax income | 301,000 | 626,000 | 1,039,000 | 1,406,000 |
| Income tax | 10,000 | 6,000 | 0 | 0 |
| Net income | 291,000 | 620,000 | 1,039,000 | 1,406,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,048,000 | 11,137,000 | 11,397,000 | 11,764,000 |
| Total capital | 11,879,000 | 11,975,000 | 12,263,000 | 12,669,000 |
| Risk-weighted assets | 66,192,000 | 66,717,000 | 68,976,000 | 72,120,000 |