Call reports 2010
SECURITY STATE BANK OF FERGUS FALLS — 2010
What SECURITY STATE BANK OF FERGUS FALLS reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 130,184,000 | 136,908,000 | 138,016,000 | 139,055,000 |
| Total loans | 90,583,000 | 96,949,000 | 95,527,000 | 88,186,000 |
| Allowance for loan losses | 484,000 | 555,000 | 680,000 | 491,000 |
| Securities available for sale | 23,591,000 | 25,459,000 | 32,240,000 | 39,754,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,075,000 | 105,810,000 | 107,304,000 | 110,800,000 |
| Interest-bearing deposits | 87,718,000 | 92,842,000 | 93,177,000 | 96,442,000 |
| Noninterest-bearing deposits | 12,357,000 | 12,968,000 | 14,127,000 | 14,359,000 |
| Equity capital | 10,893,000 | 11,415,000 | 11,485,000 | 11,061,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,447,000 | 2,999,000 | 4,577,000 | 6,115,000 |
| Interest expense | 418,000 | 859,000 | 1,312,000 | 1,750,000 |
| Net interest income | 1,029,000 | 2,140,000 | 3,265,000 | 4,365,000 |
| Noninterest income | 93,000 | 251,000 | 324,000 | 410,000 |
| Noninterest expense | 604,000 | 1,240,000 | 1,942,000 | 2,764,000 |
| Provision for loan losses | 0 | 70,000 | 195,000 | 479,000 |
| Pretax income | 518,000 | 1,081,000 | 1,558,000 | 1,638,000 |
| Income tax | 2,000 | 2,000 | 2,000 | 2,000 |
| Net income | 516,000 | 1,079,000 | 1,556,000 | 1,636,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,128,000 | 11,442,000 | 11,567,000 | 11,648,000 |
| Total capital | 11,613,000 | 11,997,000 | 12,247,000 | 12,139,000 |
| Risk-weighted assets | 104,049,000 | 107,253,000 | 105,296,000 | 102,149,000 |