Call reports 2002
SECURITY STATE BANK OF FERGUS FALLS — 2002
What SECURITY STATE BANK OF FERGUS FALLS 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 | 65,933,000 | 67,658,000 | 70,204,000 | 70,385,000 |
| Total loans | 32,622,000 | 35,167,000 | 36,371,000 | 37,537,000 |
| Allowance for loan losses | 320,000 | 320,000 | 320,000 | 320,000 |
| Securities available for sale | 25,545,000 | 22,752,000 | 23,180,000 | 22,106,000 |
| Securities held to maturity | 2,711,000 | 2,711,000 | 2,410,000 | 2,286,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,054,000 | 53,285,000 | 55,224,000 | 56,669,000 |
| Interest-bearing deposits | 44,017,000 | 43,482,000 | 43,468,000 | 43,732,000 |
| Noninterest-bearing deposits | 9,037,000 | 9,803,000 | 11,756,000 | 12,937,000 |
| Equity capital | 5,263,000 | 6,517,000 | 5,617,000 | 5,561,000 |
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 | 1,058,000 | 2,064,000 | 3,100,000 | 4,165,000 |
| Interest expense | 330,000 | 619,000 | 892,000 | 1,171,000 |
| Net interest income | 728,000 | 1,445,000 | 2,208,000 | 2,994,000 |
| Noninterest income | 39,000 | 97,000 | 143,000 | 191,000 |
| Noninterest expense | 455,000 | 954,000 | 1,541,000 | 2,107,000 |
| Provision for loan losses | 21,000 | 20,000 | 20,000 | 19,000 |
| Pretax income | 298,000 | 632,000 | 882,000 | 1,184,000 |
| Income tax | 6,000 | 7,000 | 7,000 | 6,000 |
| Net income | 292,000 | 625,000 | 875,000 | 1,178,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,227,000 | 5,559,000 | 5,032,000 | 5,075,000 |
| Total capital | 5,547,000 | 5,879,000 | 5,352,000 | 5,395,000 |
| Risk-weighted assets | 39,748,000 | 41,306,000 | 43,401,000 | 44,133,000 |