Call reports 2004
SECURITY STATE BANK OF FERGUS FALLS — 2004
What SECURITY STATE BANK OF FERGUS FALLS reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 64,178,000 | 68,352,000 | 68,680,000 | 67,898,000 |
| Total loans | 38,978,000 | 41,633,000 | 42,533,000 | 43,161,000 |
| Allowance for loan losses | 320,000 | 320,000 | 320,000 | 320,000 |
| Securities available for sale | 17,679,000 | 19,634,000 | 17,095,000 | 10,703,000 |
| Securities held to maturity | 1,295,000 | 1,295,000 | 2,494,000 | 6,951,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,398,000 | 56,487,000 | 55,559,000 | 55,991,000 |
| Interest-bearing deposits | 42,416,000 | 42,931,000 | 43,705,000 | 43,613,000 |
| Noninterest-bearing deposits | 10,982,000 | 13,556,000 | 11,854,000 | 12,378,000 |
| Equity capital | 5,445,000 | 5,374,000 | 5,738,000 | 5,572,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 794,000 | 1,708,000 | 2,616,000 | 3,478,000 |
| Interest expense | 155,000 | 318,000 | 505,000 | 705,000 |
| Net interest income | 639,000 | 1,390,000 | 2,111,000 | 2,773,000 |
| Noninterest income | 65,000 | 118,000 | 160,000 | 207,000 |
| Noninterest expense | 441,000 | 908,000 | 1,419,000 | 2,001,000 |
| Provision for loan losses | -4,000 | -6,000 | -7,000 | -7,000 |
| Pretax income | 298,000 | 641,000 | 895,000 | 1,026,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | 298,000 | 640,000 | 894,000 | 1,025,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,266,000 | 5,608,000 | 5,663,000 | 5,593,000 |
| Total capital | 5,586,000 | 5,928,000 | 5,983,000 | 5,913,000 |
| Risk-weighted assets | 42,488,000 | 44,651,000 | 45,372,000 | 45,840,000 |