Call reports 2003
SECURITY STATE BANK OF FERGUS FALLS — 2003
What SECURITY STATE BANK OF FERGUS FALLS reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 68,397,000 | 69,826,000 | 65,304,000 | 67,202,000 |
| Total loans | 37,740,000 | 41,466,000 | 40,066,000 | 38,301,000 |
| Allowance for loan losses | 320,000 | 320,000 | 320,000 | 320,000 |
| Securities available for sale | 19,090,000 | 19,292,000 | 14,639,000 | 19,080,000 |
| Securities held to maturity | 1,681,000 | 1,681,000 | 1,631,000 | 1,495,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,773,000 | 54,849,000 | 54,347,000 | 55,797,000 |
| Interest-bearing deposits | 44,840,000 | 43,652,000 | 42,870,000 | 42,821,000 |
| Noninterest-bearing deposits | 11,933,000 | 11,197,000 | 11,477,000 | 12,976,000 |
| Equity capital | 5,601,000 | 5,880,000 | 5,301,000 | 5,461,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 963,000 | 1,963,000 | 2,912,000 | 3,781,000 |
| Interest expense | 239,000 | 467,000 | 665,000 | 837,000 |
| Net interest income | 724,000 | 1,496,000 | 2,247,000 | 2,944,000 |
| Noninterest income | 66,000 | 123,000 | 174,000 | 220,000 |
| Noninterest expense | 469,000 | 1,023,000 | 1,518,000 | 1,972,000 |
| Provision for loan losses | 3,000 | 5,000 | 23,000 | 23,000 |
| Pretax income | 382,000 | 734,000 | 1,023,000 | 1,312,000 |
| Income tax | 0 | 0 | 1,000 | 1,000 |
| Net income | 382,000 | 734,000 | 1,022,000 | 1,311,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,158,000 | 5,509,000 | 5,079,000 | 5,268,000 |
| Total capital | 5,478,000 | 5,829,000 | 5,399,000 | 5,588,000 |
| Risk-weighted assets | 43,133,000 | 45,996,000 | 44,738,000 | 43,420,000 |