Call reports 2004
SECURITY STATE BANK — 2004
What SECURITY STATE BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 74,023,000 | 64,230,000 | 59,234,000 | 60,388,000 |
| Total loans | 17,770,000 | 17,862,000 | 18,353,000 | 17,757,000 |
| Allowance for loan losses | 159,000 | 187,000 | 193,000 | 174,000 |
| Securities available for sale | 46,600,000 | 40,915,000 | 33,058,000 | 37,091,000 |
| Securities held to maturity | 526,000 | 425,000 | 100,000 | 100,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,847,000 | 55,330,000 | 49,824,000 | 51,424,000 |
| Interest-bearing deposits | 55,214,000 | 46,054,000 | 41,445,000 | 42,037,000 |
| Noninterest-bearing deposits | 8,633,000 | 9,276,000 | 8,379,000 | 9,387,000 |
| Equity capital | 9,706,000 | 8,706,000 | 9,041,000 | 8,823,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 700,000 | 1,385,000 | 2,049,000 | 2,697,000 |
| Interest expense | 153,000 | 307,000 | 457,000 | 613,000 |
| Net interest income | 547,000 | 1,078,000 | 1,592,000 | 2,084,000 |
| Noninterest income | 109,000 | 229,000 | 375,000 | 509,000 |
| Noninterest expense | 455,000 | 1,209,000 | 1,637,000 | 2,092,000 |
| Provision for loan losses | 30,000 | 60,000 | 70,000 | 125,000 |
| Pretax income | 171,000 | 38,000 | 260,000 | 376,000 |
| Income tax | 15,000 | 28,000 | 28,000 | 0 |
| Net income | 156,000 | 10,000 | 232,000 | 376,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,034,000 | 8,689,000 | 8,710,000 | 8,655,000 |
| Total capital | 9,193,000 | 8,876,000 | 8,903,000 | 8,829,000 |
| Risk-weighted assets | 39,594,000 | 34,969,000 | 30,034,000 | 29,074,000 |