Call reports 2014
SECURITY STATE BANK OF FERGUS FALLS — 2014
What SECURITY STATE BANK OF FERGUS FALLS reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 135,847,000 | 134,351,000 | 131,304,000 | 133,433,000 |
| Total loans | 98,790,000 | 99,435,000 | 95,823,000 | 99,569,000 |
| Allowance for loan losses | 451,000 | 506,000 | 506,000 | 573,000 |
| Securities available for sale | 26,237,000 | 26,230,000 | 26,044,000 | 25,858,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 109,316,000 | 104,424,000 | 105,569,000 | 103,373,000 |
| Interest-bearing deposits | 87,575,000 | 81,253,000 | 82,604,000 | 77,828,000 |
| Noninterest-bearing deposits | 21,741,000 | 23,171,000 | 22,964,000 | 25,545,000 |
| Equity capital | 15,407,000 | 15,316,000 | 15,648,000 | 14,348,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,178,000 | 2,404,000 | 3,582,000 | 4,775,000 |
| Interest expense | 135,000 | 253,000 | 364,000 | 473,000 |
| Net interest income | 1,043,000 | 2,151,000 | 3,218,000 | 4,302,000 |
| Noninterest income | 121,000 | 227,000 | 343,000 | 460,000 |
| Noninterest expense | 763,000 | 1,648,000 | 2,465,000 | 3,245,000 |
| Provision for loan losses | 0 | 55,000 | 55,000 | 122,000 |
| Pretax income | 401,000 | 675,000 | 1,041,000 | 1,395,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 400,000 | 674,000 | 1,040,000 | 1,394,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,603,000 | 13,437,000 | 13,867,000 | 12,665,000 |
| Total capital | 14,054,000 | 13,943,000 | 14,372,000 | 13,237,000 |
| Risk-weighted assets | 102,533,000 | 102,014,000 | 98,592,000 | 102,209,000 |