Call reports 2011
SECURITY STATE BANK OF FERGUS FALLS — 2011
What SECURITY STATE BANK OF FERGUS FALLS reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 141,541,000 | 144,637,000 | 143,442,000 | 144,492,000 |
| Total loans | 90,107,000 | 93,330,000 | 97,813,000 | 96,202,000 |
| Allowance for loan losses | 610,000 | 643,000 | 794,000 | 1,003,000 |
| Securities available for sale | 40,139,000 | 34,213,000 | 26,984,000 | 29,766,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 111,690,000 | 113,117,000 | 112,332,000 | 115,778,000 |
| Interest-bearing deposits | 96,753,000 | 97,629,000 | 95,924,000 | 97,547,000 |
| Noninterest-bearing deposits | 14,937,000 | 15,488,000 | 16,409,000 | 18,231,000 |
| Equity capital | 11,306,000 | 12,031,000 | 12,188,000 | 12,322,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,493,000 | 2,952,000 | 4,432,000 | 5,885,000 |
| Interest expense | 398,000 | 794,000 | 1,205,000 | 1,581,000 |
| Net interest income | 1,095,000 | 2,158,000 | 3,227,000 | 4,304,000 |
| Noninterest income | 76,000 | 143,000 | 213,000 | 298,000 |
| Noninterest expense | 667,000 | 1,293,000 | 1,892,000 | 2,494,000 |
| Provision for loan losses | 278,000 | 512,000 | 723,000 | 932,000 |
| Pretax income | 226,000 | 496,000 | 825,000 | 1,176,000 |
| Income tax | 2,000 | 2,000 | 2,000 | 2,000 |
| Net income | 224,000 | 494,000 | 823,000 | 1,174,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,772,000 | 11,982,000 | 12,211,000 | 12,562,000 |
| Total capital | 12,382,000 | 12,625,000 | 13,004,000 | 13,565,000 |
| Risk-weighted assets | 102,401,000 | 102,478,000 | 106,517,000 | 107,541,000 |