Call reports 2013
SECURITY STATE BANK — 2013
What SECURITY STATE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 |
|---|---|---|
| Total assets | 51,298,000 | 49,228,000 |
| Total loans | 31,890,000 | 29,965,000 |
| Allowance for loan losses | 1,026,000 | 793,000 |
| Securities available for sale | 4,799,000 | 4,488,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 47,271,000 | 45,426,000 |
| Interest-bearing deposits | 38,348,000 | 36,929,000 |
| Noninterest-bearing deposits | 8,923,000 | 8,497,000 |
| Equity capital | 3,960,000 | 3,717,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 |
|---|---|---|
| Interest income | 415,000 | 819,000 |
| Interest expense | 72,000 | 137,000 |
| Net interest income | 343,000 | 682,000 |
| Noninterest income | 3,000 | 6,000 |
| Noninterest expense | 310,000 | 644,000 |
| Provision for loan losses | 0 | 197,000 |
| Pretax income | 36,000 | -153,000 |
| Income tax | 1,000 | 2,000 |
| Net income | 35,000 | -155,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 |
|---|---|---|
| Tier 1 capital | 3,951,000 | 3,757,000 |
| Total capital | 4,401,000 | 4,250,000 |
| Risk-weighted assets | 35,447,000 | 39,520,000 |