Call reports 2020
SECURITY STATE BANK OF MARINE — 2020
What SECURITY STATE BANK OF MARINE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 144,363,000 | 158,854,000 | 170,683,000 | 173,813,000 |
| Total loans | 106,533,000 | 106,739,000 | 107,577,000 | 106,252,000 |
| Allowance for loan losses | 1,485,000 | 1,486,000 | 1,486,000 | 1,486,000 |
| Securities available for sale | 2,857,000 | 2,076,000 | 1,766,000 | 2,274,000 |
| Securities held to maturity | 1,743,000 | 1,742,000 | 1,667,000 | 1,646,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 128,817,000 | 142,540,000 | 153,770,000 | 157,090,000 |
| Interest-bearing deposits | 89,152,000 | 94,585,000 | 102,312,000 | 103,203,000 |
| Noninterest-bearing deposits | 39,665,000 | 47,955,000 | 51,458,000 | 53,887,000 |
| Equity capital | 15,216,000 | 15,415,000 | 15,826,000 | 16,441,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,592,000 | 3,139,000 | 4,631,000 | 6,064,000 |
| Interest expense | 147,000 | 290,000 | 420,000 | 527,000 |
| Net interest income | 1,445,000 | 2,849,000 | 4,211,000 | 5,537,000 |
| Noninterest income | 266,000 | 475,000 | 715,000 | 1,030,000 |
| Noninterest expense | 869,000 | 1,791,000 | 2,718,000 | 3,737,000 |
| Provision for loan losses | 125,000 | 125,000 | 125,000 | 125,000 |
| Pretax income | 717,000 | 1,408,000 | 2,083,000 | 2,705,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 2,000 |
| Net income | 716,000 | 1,407,000 | 2,082,000 | 2,703,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,184,000 | 15,384,000 | 15,799,000 | 16,420,000 |
| Total capital | 16,669,000 | 16,549,000 | 16,958,000 | 17,568,000 |
| Risk-weighted assets | 124,470,000 | 92,890,000 | 92,400,000 | 91,551,000 |