Call reports 2002
SECURITY STATE BANK, NATIONAL ASSOCIATION — 2002
What SECURITY STATE BANK, NATIONAL ASSOCIATION 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 | 46,859,000 | 47,440,000 | 48,116,000 | 49,527,000 |
| Total loans | 24,943,000 | 24,406,000 | 23,845,000 | 23,309,000 |
| Allowance for loan losses | 460,000 | 408,000 | 344,000 | 411,000 |
| Securities available for sale | 8,013,000 | 12,639,000 | 14,261,000 | 12,986,000 |
| Securities held to maturity | 100,000 | 100,000 | 100,000 | 100,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,202,000 | 39,355,000 | 39,708,000 | 41,330,000 |
| Interest-bearing deposits | 33,757,000 | 33,756,000 | 33,874,000 | 34,883,000 |
| Noninterest-bearing deposits | 5,445,000 | 5,600,000 | 5,833,000 | 6,448,000 |
| Equity capital | 6,855,000 | 7,138,000 | 7,396,000 | 7,369,000 |
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 | 842,000 | 1,678,000 | 2,532,000 | 3,333,000 |
| Interest expense | 313,000 | 602,000 | 887,000 | 1,153,000 |
| Net interest income | 529,000 | 1,076,000 | 1,645,000 | 2,180,000 |
| Noninterest income | 108,000 | 213,000 | 324,000 | 464,000 |
| Noninterest expense | 494,000 | 909,000 | 1,417,000 | 1,960,000 |
| Provision for loan losses | 342,000 | 342,000 | 372,000 | 562,000 |
| Pretax income | -199,000 | 38,000 | 180,000 | 122,000 |
| Income tax | -51,000 | 12,000 | 62,000 | 41,000 |
| Net income | -148,000 | 26,000 | 118,000 | 81,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,915,000 | 4,088,000 | 4,181,000 | 4,144,000 |
| Total capital | 4,230,000 | 4,407,000 | 4,497,000 | 4,458,000 |
| Risk-weighted assets | 25,083,000 | 25,398,000 | 25,286,000 | 25,012,000 |