Call reports 2021
SECURITY STATE BANK OF MARINE — 2021
What SECURITY STATE BANK OF MARINE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 181,698,000 | 181,017,000 | 189,331,000 | 196,237,000 |
| Total loans | 105,306,000 | 110,580,000 | 116,254,000 | 116,184,000 |
| Allowance for loan losses | 1,488,000 | 1,492,000 | 1,497,000 | 1,547,000 |
| Securities available for sale | 3,003,000 | 6,997,000 | 8,470,000 | 11,206,000 |
| Securities held to maturity | 1,561,000 | 1,561,000 | 1,528,000 | 1,528,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 164,284,000 | 163,189,000 | 170,689,000 | 178,285,000 |
| Interest-bearing deposits | 104,687,000 | 102,461,000 | 108,766,000 | 111,597,000 |
| Noninterest-bearing deposits | 59,597,000 | 60,728,000 | 61,923,000 | 66,688,000 |
| Equity capital | 16,919,000 | 16,995,000 | 17,301,000 | 17,772,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,443,000 | 2,968,000 | 4,493,000 | 6,029,000 |
| Interest expense | 91,000 | 172,000 | 243,000 | 311,000 |
| Net interest income | 1,352,000 | 2,796,000 | 4,250,000 | 5,718,000 |
| Noninterest income | 485,000 | 690,000 | 895,000 | 1,238,000 |
| Noninterest expense | 897,000 | 1,923,000 | 2,929,000 | 4,067,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 940,000 | 1,563,000 | 2,216,000 | 2,889,000 |
| Income tax | 1,000 | 2,000 | 2,000 | 325,000 |
| Net income | 939,000 | 1,561,000 | 2,214,000 | 2,564,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,913,000 | 17,011,000 | 17,327,000 | 17,891,000 |
| Total capital | 18,085,000 | 18,243,000 | 18,628,000 | 19,227,000 |
| Risk-weighted assets | 93,465,000 | 98,317,000 | 103,965,000 | 106,683,000 |