Call reports 2002
SECURITY STATE BANK — 2002
What SECURITY STATE BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 70,957,000 | 66,050,000 | 62,417,000 | 61,309,000 |
| Total loans | 15,284,000 | 16,897,000 | 16,885,000 | 17,695,000 |
| Allowance for loan losses | 121,000 | 105,000 | 100,000 | 129,000 |
| Securities available for sale | 45,687,000 | 41,144,000 | 39,330,000 | 36,987,000 |
| Securities held to maturity | 1,919,000 | 1,678,000 | 1,277,000 | 1,275,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,014,000 | 55,525,000 | 51,360,000 | 50,674,000 |
| Interest-bearing deposits | 51,442,000 | 46,031,000 | 43,618,000 | 41,481,000 |
| Noninterest-bearing deposits | 9,572,000 | 9,494,000 | 7,742,000 | 9,193,000 |
| Equity capital | 9,509,000 | 9,940,000 | 10,323,000 | 10,107,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 855,000 | 1,701,000 | 2,530,000 | 3,329,000 |
| Interest expense | 296,000 | 589,000 | 873,000 | 1,110,000 |
| Net interest income | 559,000 | 1,112,000 | 1,657,000 | 2,219,000 |
| Noninterest income | 144,000 | 337,000 | 497,000 | 632,000 |
| Noninterest expense | 373,000 | 783,000 | 1,233,000 | 1,741,000 |
| Provision for loan losses | 35,000 | 52,000 | 52,000 | 102,000 |
| Pretax income | 295,000 | 614,000 | 869,000 | 1,008,000 |
| Income tax | 68,000 | 135,000 | 184,000 | 185,000 |
| Net income | 227,000 | 479,000 | 685,000 | 823,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,313,000 | 9,224,000 | 9,365,000 | 9,302,000 |
| Total capital | 9,434,000 | 9,329,000 | 9,465,000 | 9,431,000 |
| Risk-weighted assets | 37,487,000 | 33,264,000 | 30,074,000 | 29,815,000 |