Call reports 2002
SECURITY STATE BANK — 2002
What SECURITY STATE BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 37,702,000 | 37,795,000 | 37,767,000 | 39,105,000 |
| Total loans | 27,564,000 | 27,274,000 | 27,357,000 | 29,135,000 |
| Allowance for loan losses | 291,000 | 294,000 | 297,000 | 300,000 |
| Securities available for sale | 7,143,000 | 7,554,000 | 6,953,000 | 6,502,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,085,000 | 32,053,000 | 31,867,000 | 33,103,000 |
| Interest-bearing deposits | 27,635,000 | 28,180,000 | 27,761,000 | 28,306,000 |
| Noninterest-bearing deposits | 4,450,000 | 3,873,000 | 4,106,000 | 4,797,000 |
| Equity capital | 5,429,000 | 5,573,000 | 5,739,000 | 5,891,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 612,000 | 1,228,000 | 1,827,000 | 2,420,000 |
| Interest expense | 244,000 | 484,000 | 711,000 | 920,000 |
| Net interest income | 368,000 | 744,000 | 1,116,000 | 1,500,000 |
| Noninterest income | 53,000 | 111,000 | 170,000 | 231,000 |
| Noninterest expense | 257,000 | 568,000 | 841,000 | 1,111,000 |
| Provision for loan losses | 5,000 | 8,000 | 11,000 | 14,000 |
| Pretax income | 159,000 | 279,000 | 434,000 | 606,000 |
| Income tax | 9,000 | 31,000 | 21,000 | 29,000 |
| Net income | 150,000 | 248,000 | 413,000 | 577,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,290,000 | 5,389,000 | 5,554,000 | 5,716,000 |
| Total capital | 5,581,000 | 5,683,000 | 5,851,000 | 6,016,000 |
| Risk-weighted assets | 32,024,000 | 25,518,000 | 25,960,000 | 33,907,000 |