Call reports 2020
SECURITY STATE BANK OF FERGUS FALLS — 2020
What SECURITY STATE BANK OF FERGUS FALLS reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 126,088,000 | 146,698,000 | 147,042,000 | 152,502,000 |
| Total loans | 90,478,000 | 103,609,000 | 101,566,000 | 93,011,000 |
| Allowance for loan losses | 907,000 | 907,000 | 923,000 | 923,000 |
| Securities available for sale | 27,850,000 | 29,048,000 | 30,675,000 | 29,951,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,119,000 | 122,569,000 | 127,347,000 | 132,522,000 |
| Interest-bearing deposits | 75,708,000 | 84,205,000 | 90,027,000 | 91,051,000 |
| Noninterest-bearing deposits | 28,411,000 | 38,364,000 | 37,320,000 | 41,471,000 |
| Equity capital | 14,261,000 | 15,110,000 | 14,748,000 | 15,080,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,363,000 | 3,047,000 | 4,393,000 | 5,841,000 |
| Interest expense | 170,000 | 281,000 | 387,000 | 493,000 |
| Net interest income | 1,193,000 | 2,766,000 | 4,006,000 | 5,348,000 |
| Noninterest income | 110,000 | 298,000 | 470,000 | 634,000 |
| Noninterest expense | 864,000 | 1,684,000 | 2,581,000 | 3,325,000 |
| Provision for loan losses | 0 | 0 | 16,000 | 16,000 |
| Pretax income | 439,000 | 1,380,000 | 1,879,000 | 2,641,000 |
| Income tax | 3,000 | 3,000 | 3,000 | 3,000 |
| Net income | 436,000 | 1,377,000 | 1,876,000 | 2,638,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,508,000 | 13,011,000 | 12,570,000 | 12,833,000 |
| Total capital | 13,415,000 | 13,918,000 | 13,493,000 | 13,756,000 |
| Risk-weighted assets | 102,676,000 | 105,763,000 | 104,952,000 | 100,358,000 |