Call reports 2016
SECURITY STATE BANK OF FERGUS FALLS — 2016
What SECURITY STATE BANK OF FERGUS FALLS reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 128,747,000 | 127,439,000 | 124,990,000 | 117,920,000 |
| Total loans | 98,815,000 | 94,950,000 | 94,539,000 | 88,320,000 |
| Allowance for loan losses | 730,000 | 729,000 | 804,000 | 820,000 |
| Securities available for sale | 23,643,000 | 25,386,000 | 24,091,000 | 23,795,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 95,294,000 | 94,335,000 | 101,077,000 | 97,346,000 |
| Interest-bearing deposits | 69,381,000 | 66,810,000 | 72,363,000 | 71,889,000 |
| Noninterest-bearing deposits | 25,913,000 | 27,525,000 | 28,714,000 | 25,457,000 |
| Equity capital | 12,777,000 | 12,986,000 | 13,161,000 | 13,150,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,134,000 | 2,282,000 | 3,422,000 | 4,523,000 |
| Interest expense | 93,000 | 180,000 | 302,000 | 356,000 |
| Net interest income | 1,041,000 | 2,102,000 | 3,120,000 | 4,167,000 |
| Noninterest income | 113,000 | 227,000 | 364,000 | 467,000 |
| Noninterest expense | 806,000 | 1,714,000 | 2,544,000 | 3,402,000 |
| Provision for loan losses | 0 | 0 | 75,000 | 206,000 |
| Pretax income | 348,000 | 615,000 | 865,000 | 1,026,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 347,000 | 614,000 | 864,000 | 1,025,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,106,000 | 12,276,000 | 12,450,000 | 12,559,000 |
| Total capital | 12,836,000 | 13,005,000 | 13,254,000 | 13,379,000 |
| Risk-weighted assets | 108,204,000 | 103,320,000 | 103,252,000 | 96,259,000 |