Call reports 2004
SECURITY STATE BANK, NATIONAL ASSOCIATION — 2004
What SECURITY STATE BANK, NATIONAL ASSOCIATION 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 | 42,888,000 | 41,740,000 | 41,058,000 | 39,346,000 |
| Total loans | 20,565,000 | 20,468,000 | 20,129,000 | 20,012,000 |
| Allowance for loan losses | 393,000 | 349,000 | 339,000 | 339,000 |
| Securities available for sale | 13,997,000 | 13,246,000 | 13,266,000 | 11,103,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,700,000 | 33,786,000 | 32,931,000 | 31,455,000 |
| Interest-bearing deposits | 29,595,000 | 27,897,000 | 26,657,000 | 25,496,000 |
| Noninterest-bearing deposits | 5,105,000 | 5,890,000 | 6,274,000 | 5,959,000 |
| Equity capital | 7,353,000 | 7,222,000 | 7,316,000 | 7,227,000 |
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 | 605,000 | 1,191,000 | 1,779,000 | 2,329,000 |
| Interest expense | 133,000 | 268,000 | 395,000 | 518,000 |
| Net interest income | 472,000 | 923,000 | 1,384,000 | 1,811,000 |
| Noninterest income | 183,000 | 359,000 | 539,000 | 696,000 |
| Noninterest expense | 478,000 | 926,000 | 1,395,000 | 1,772,000 |
| Provision for loan losses | 84,000 | 133,000 | 257,000 | 317,000 |
| Pretax income | 93,000 | 223,000 | 271,000 | 455,000 |
| Income tax | 31,000 | 76,000 | 95,000 | 155,000 |
| Net income | 62,000 | 147,000 | 176,000 | 300,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,173,000 | 4,259,000 | 4,288,000 | 4,263,000 |
| Total capital | 4,444,000 | 4,531,000 | 4,553,000 | 4,527,000 |
| Risk-weighted assets | 21,579,000 | 21,500,000 | 21,125,000 | 21,019,000 |