Call reports 2018
SECURITY STATE BANK OF MARINE — 2018
What SECURITY STATE BANK OF MARINE reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 139,502,000 | 144,932,000 | 143,896,000 | 143,319,000 |
| Total loans | 98,975,000 | 104,525,000 | 105,632,000 | 102,765,000 |
| Allowance for loan losses | 1,231,000 | 1,337,000 | 1,393,000 | 1,392,000 |
| Securities available for sale | 5,958,000 | 5,455,000 | 3,951,000 | 3,961,000 |
| Securities held to maturity | 373,000 | 1,204,000 | 1,964,000 | 1,919,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 124,915,000 | 130,501,000 | 128,831,000 | 128,283,000 |
| Interest-bearing deposits | 91,583,000 | 93,259,000 | 90,428,000 | 90,121,000 |
| Noninterest-bearing deposits | 33,332,000 | 37,242,000 | 38,403,000 | 38,163,000 |
| Equity capital | 13,666,000 | 13,878,000 | 14,335,000 | 14,904,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,503,000 | 2,995,000 | 4,564,000 | 6,097,000 |
| Interest expense | 79,000 | 166,000 | 263,000 | 370,000 |
| Net interest income | 1,424,000 | 2,829,000 | 4,301,000 | 5,727,000 |
| Noninterest income | 228,000 | 476,000 | 680,000 | 862,000 |
| Noninterest expense | 850,000 | 1,749,000 | 2,653,000 | 3,671,000 |
| Provision for loan losses | 0 | 30,000 | 30,000 | 60,000 |
| Pretax income | 802,000 | 1,526,000 | 2,298,000 | 2,858,000 |
| Income tax | 1,000 | 2,000 | 2,000 | 0 |
| Net income | 801,000 | 1,524,000 | 2,296,000 | 2,858,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,686,000 | 13,895,000 | 14,353,000 | 14,914,000 |
| Total capital | 14,799,000 | 15,094,000 | 15,537,000 | 16,054,000 |
| Risk-weighted assets | 88,984,000 | 95,796,000 | 94,525,000 | 91,023,000 |