Call reports 2007
SECURITY STATE BANK — 2007
What SECURITY STATE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 38,653,000 | 40,677,000 | 45,076,000 | 50,531,000 |
| Total loans | 31,420,000 | 33,741,000 | 37,419,000 | 38,830,000 |
| Allowance for loan losses | 269,000 | 242,000 | 245,000 | 260,000 |
| Securities available for sale | 5,500,000 | 5,226,000 | 5,266,000 | 4,298,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,629,000 | 36,181,000 | 40,698,000 | 45,937,000 |
| Interest-bearing deposits | 28,486,000 | 30,773,000 | 34,726,000 | 38,119,000 |
| Noninterest-bearing deposits | 5,143,000 | 5,408,000 | 5,972,000 | 7,818,000 |
| Equity capital | 3,927,000 | 4,038,000 | 4,233,000 | 4,453,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 590,000 | 1,220,000 | 1,914,000 | 2,710,000 |
| Interest expense | 206,000 | 436,000 | 717,000 | 1,042,000 |
| Net interest income | 384,000 | 784,000 | 1,197,000 | 1,668,000 |
| Noninterest income | 45,000 | 88,000 | 135,000 | 216,000 |
| Noninterest expense | 322,000 | 626,000 | 923,000 | 1,272,000 |
| Provision for loan losses | 35,000 | 38,000 | 41,000 | 45,000 |
| Pretax income | 72,000 | 208,000 | 368,000 | 567,000 |
| Income tax | 3,000 | 10,000 | 18,000 | 27,000 |
| Net income | 69,000 | 198,000 | 350,000 | 540,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,931,000 | 4,060,000 | 4,212,000 | 4,402,000 |
| Total capital | 4,200,000 | 4,302,000 | 4,457,000 | 4,662,000 |
| Risk-weighted assets | 27,979,000 | 29,903,000 | 33,105,000 | 35,639,000 |