Call reports 2016
SECURITY STATE BANK OF MARINE — 2016
What SECURITY STATE BANK OF MARINE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 120,500,000 | 120,878,000 | 125,373,000 | 129,140,000 |
| Total loans | 87,779,000 | 90,210,000 | 93,239,000 | 93,418,000 |
| Allowance for loan losses | 1,352,000 | 1,354,000 | 1,358,000 | 1,361,000 |
| Securities available for sale | 6,104,000 | 6,123,000 | 6,091,000 | 6,028,000 |
| Securities held to maturity | 315,000 | 315,000 | 272,000 | 300,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 107,657,000 | 108,177,000 | 112,215,000 | 116,047,000 |
| Interest-bearing deposits | 82,253,000 | 80,678,000 | 81,982,000 | 85,354,000 |
| Noninterest-bearing deposits | 25,404,000 | 27,499,000 | 30,233,000 | 30,693,000 |
| Equity capital | 12,587,000 | 12,281,000 | 12,568,000 | 12,929,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,190,000 | 2,442,000 | 3,722,000 | 4,971,000 |
| Interest expense | 75,000 | 145,000 | 214,000 | 281,000 |
| Net interest income | 1,115,000 | 2,297,000 | 3,508,000 | 4,690,000 |
| Noninterest income | 220,000 | 431,000 | 641,000 | 815,000 |
| Noninterest expense | 829,000 | 1,666,000 | 2,519,000 | 3,460,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 506,000 | 1,062,000 | 1,630,000 | 2,045,000 |
| Income tax | 2,000 | 3,000 | 4,000 | 3,000 |
| Net income | 504,000 | 1,059,000 | 1,626,000 | 2,042,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,587,000 | 12,199,000 | 12,507,000 | 12,924,000 |
| Total capital | 13,669,000 | 13,230,000 | 13,597,000 | 13,993,000 |
| Risk-weighted assets | 86,350,000 | 82,186,000 | 87,003,000 | 85,283,000 |