Call reports 2003
SECURITY STATE BANK — 2003
What SECURITY STATE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 77,739,000 | 70,256,000 | 64,498,000 | 60,947,000 |
| Total loans | 16,905,000 | 17,198,000 | 18,115,000 | 18,779,000 |
| Allowance for loan losses | 132,000 | 144,000 | 136,000 | 134,000 |
| Securities available for sale | 48,735,000 | 43,689,000 | 39,897,000 | 33,004,000 |
| Securities held to maturity | 974,000 | 973,000 | 822,000 | 821,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,028,000 | 59,413,000 | 54,208,000 | 51,003,000 |
| Interest-bearing deposits | 57,960,000 | 50,062,000 | 46,205,000 | 42,445,000 |
| Noninterest-bearing deposits | 9,068,000 | 9,351,000 | 8,003,000 | 8,558,000 |
| Equity capital | 10,095,000 | 10,170,000 | 9,772,000 | 9,624,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 790,000 | 1,539,000 | 2,227,000 | 2,897,000 |
| Interest expense | 251,000 | 492,000 | 680,000 | 830,000 |
| Net interest income | 539,000 | 1,047,000 | 1,547,000 | 2,067,000 |
| Noninterest income | 141,000 | 292,000 | 459,000 | 594,000 |
| Noninterest expense | 398,000 | 866,000 | 1,362,000 | 1,945,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 90,000 |
| Pretax income | 267,000 | 443,000 | 599,000 | 626,000 |
| Income tax | 48,000 | 78,000 | 79,000 | 50,000 |
| Net income | 219,000 | 365,000 | 520,000 | 576,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,322,000 | 9,267,000 | 9,222,000 | 9,079,000 |
| Total capital | 9,454,000 | 9,411,000 | 9,358,000 | 9,213,000 |
| Risk-weighted assets | 39,966,000 | 39,479,000 | 37,090,000 | 29,551,000 |