Call reports 2022
SECURITY STATE BANK OF MARINE — 2022
What SECURITY STATE BANK OF MARINE reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 197,962,000 | 202,475,000 | 205,414,000 | 195,261,000 |
| Total loans | 115,119,000 | 128,055,000 | 133,899,000 | 136,106,000 |
| Allowance for loan losses | 1,541,000 | 1,545,000 | 1,570,000 | 1,655,000 |
| Securities available for sale | 15,563,000 | 25,380,000 | 29,530,000 | 30,681,000 |
| Securities held to maturity | 1,443,000 | 1,442,000 | 1,410,000 | 1,410,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 180,054,000 | 184,350,000 | 187,093,000 | 176,650,000 |
| Interest-bearing deposits | 114,535,000 | 116,385,000 | 117,519,000 | 112,299,000 |
| Noninterest-bearing deposits | 65,519,000 | 67,965,000 | 69,574,000 | 64,351,000 |
| Equity capital | 17,612,000 | 17,598,000 | 17,549,000 | 18,540,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,456,000 | 3,209,000 | 5,251,000 | 7,273,000 |
| Interest expense | 61,000 | 116,000 | 175,000 | 245,000 |
| Net interest income | 1,395,000 | 3,093,000 | 5,076,000 | 7,028,000 |
| Noninterest income | 460,000 | 670,000 | 874,000 | 1,047,000 |
| Noninterest expense | 1,109,000 | 2,125,000 | 3,264,000 | 4,472,000 |
| Provision for loan losses | 0 | 0 | 20,000 | 100,000 |
| Pretax income | 746,000 | 1,638,000 | 2,666,000 | 3,503,000 |
| Income tax | 0 | 111,000 | 226,000 | 283,000 |
| Net income | 746,000 | 1,527,000 | 2,440,000 | 3,220,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,251,000 | 18,589,000 | 19,202,000 | 19,982,000 |
| Total capital | 19,661,000 | 20,134,000 | 20,772,000 | 21,637,000 |
| Risk-weighted assets | 112,684,000 | 134,385,000 | 144,991,000 | 147,750,000 |