Call reports 2007
SECURITY STATE BANK — 2007
What SECURITY STATE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 53,087,000 | 51,152,000 | 51,895,000 | 50,059,000 |
| Total loans | 15,548,000 | 15,256,000 | 15,773,000 | 15,723,000 |
| Allowance for loan losses | 280,000 | 206,000 | 245,000 | 297,000 |
| Securities available for sale | 21,949,000 | 24,968,000 | 21,442,000 | 24,192,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,735,000 | 42,902,000 | 43,220,000 | 41,284,000 |
| Interest-bearing deposits | 35,041,000 | 33,553,000 | 32,401,000 | 32,364,000 |
| Noninterest-bearing deposits | 9,694,000 | 9,349,000 | 10,819,000 | 8,920,000 |
| Equity capital | 8,139,000 | 7,996,000 | 8,342,000 | 8,581,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 734,000 | 1,463,000 | 2,179,000 | 2,879,000 |
| Interest expense | 246,000 | 508,000 | 760,000 | 1,005,000 |
| Net interest income | 488,000 | 955,000 | 1,419,000 | 1,874,000 |
| Noninterest income | 122,000 | 247,000 | 394,000 | 685,000 |
| Noninterest expense | 502,000 | 945,000 | 1,471,000 | 1,896,000 |
| Provision for loan losses | 80,000 | 119,000 | 64,000 | 152,000 |
| Pretax income | 28,000 | 138,000 | 269,000 | 502,000 |
| Income tax | 19,000 | 40,000 | 79,000 | 120,000 |
| Net income | 9,000 | 98,000 | 190,000 | 382,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,189,000 | 8,229,000 | 8,320,000 | 8,512,000 |
| Total capital | 8,461,000 | 8,435,000 | 8,565,000 | 8,803,000 |
| Risk-weighted assets | 23,065,000 | 23,469,000 | 23,864,000 | 23,294,000 |