Call reports 2017
SECURITY STATE BANK OF MARINE — 2017
What SECURITY STATE BANK OF MARINE reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 129,915,000 | 133,735,000 | 143,711,000 | 141,245,000 |
| Total loans | 96,270,000 | 96,910,000 | 95,810,000 | 98,210,000 |
| Allowance for loan losses | 1,362,000 | 1,363,000 | 1,372,000 | 1,230,000 |
| Securities available for sale | 6,024,000 | 6,017,000 | 6,008,000 | 5,984,000 |
| Securities held to maturity | 300,000 | 300,000 | 417,000 | 373,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 116,221,000 | 120,277,000 | 129,778,000 | 127,424,000 |
| Interest-bearing deposits | 85,528,000 | 87,257,000 | 91,618,000 | 93,635,000 |
| Noninterest-bearing deposits | 30,693,000 | 33,020,000 | 38,160,000 | 33,789,000 |
| Equity capital | 13,357,000 | 12,855,000 | 13,210,000 | 13,678,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,284,000 | 2,598,000 | 3,963,000 | 5,317,000 |
| Interest expense | 69,000 | 140,000 | 212,000 | 286,000 |
| Net interest income | 1,215,000 | 2,458,000 | 3,751,000 | 5,031,000 |
| Noninterest income | 285,000 | 541,000 | 783,000 | 981,000 |
| Noninterest expense | 842,000 | 1,714,000 | 2,569,000 | 3,495,000 |
| Provision for loan losses | 0 | 0 | 0 | 70,000 |
| Pretax income | 658,000 | 1,285,000 | 1,965,000 | 2,447,000 |
| Income tax | 1,000 | 2,000 | 2,000 | 2,000 |
| Net income | 657,000 | 1,283,000 | 1,963,000 | 2,445,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,347,000 | 12,843,000 | 13,200,000 | 13,683,000 |
| Total capital | 14,414,000 | 13,951,000 | 14,307,000 | 14,799,000 |
| Risk-weighted assets | 85,097,000 | 88,451,000 | 88,375,000 | 89,206,000 |