Call reports 2007
SECURITY STATE BANK OF FERGUS FALLS — 2007
What SECURITY STATE BANK OF FERGUS FALLS 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 | 117,564,000 | 115,273,000 | 111,316,000 | 118,801,000 |
| Total loans | 66,786,000 | 64,361,000 | 67,762,000 | 67,340,000 |
| Allowance for loan losses | 320,000 | 320,000 | 320,000 | 260,000 |
| Securities available for sale | 10,250,000 | 13,068,000 | 10,468,000 | 14,122,000 |
| Securities held to maturity | 22,675,000 | 15,227,000 | 19,019,000 | 20,619,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,295,000 | 101,929,000 | 95,892,000 | 98,731,000 |
| Interest-bearing deposits | 91,727,000 | 88,346,000 | 83,888,000 | 85,587,000 |
| Noninterest-bearing deposits | 12,568,000 | 13,583,000 | 12,004,000 | 13,144,000 |
| Equity capital | 7,602,000 | 7,577,000 | 7,672,000 | 7,860,000 |
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 | 1,866,000 | 3,756,000 | 5,581,000 | 7,418,000 |
| Interest expense | 971,000 | 1,989,000 | 2,972,000 | 3,905,000 |
| Net interest income | 895,000 | 1,767,000 | 2,609,000 | 3,513,000 |
| Noninterest income | 68,000 | 156,000 | 232,000 | 324,000 |
| Noninterest expense | 685,000 | 1,348,000 | 1,946,000 | 2,683,000 |
| Provision for loan losses | 0 | 0 | 2,000 | -57,000 |
| Pretax income | 278,000 | 575,000 | 893,000 | 1,211,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 277,000 | 574,000 | 892,000 | 1,210,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,666,000 | 7,692,000 | 7,651,000 | 7,769,000 |
| Total capital | 7,986,000 | 8,012,000 | 7,971,000 | 8,029,000 |
| Risk-weighted assets | 72,976,000 | 71,328,000 | 74,232,000 | 75,557,000 |