Call reports 2007
SECURITY STATE BANK, NATIONAL ASSOCIATION — 2007
What SECURITY STATE BANK, NATIONAL ASSOCIATION 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 | 48,854,000 | 48,210,000 | 46,984,000 | 45,063,000 |
| Total loans | 22,393,000 | 22,324,000 | 22,522,000 | 22,825,000 |
| Allowance for loan losses | 221,000 | 234,000 | 234,000 | 265,000 |
| Securities available for sale | 12,716,000 | 12,713,000 | 12,818,000 | 12,983,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,228,000 | 39,552,000 | 38,144,000 | 36,187,000 |
| Interest-bearing deposits | 32,681,000 | 32,304,000 | 31,273,000 | 28,693,000 |
| Noninterest-bearing deposits | 7,547,000 | 7,248,000 | 6,871,000 | 7,494,000 |
| Equity capital | 7,685,000 | 7,722,000 | 7,923,000 | 7,949,000 |
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 | 735,000 | 1,478,000 | 2,237,000 | 2,963,000 |
| Interest expense | 268,000 | 568,000 | 859,000 | 1,113,000 |
| Net interest income | 467,000 | 910,000 | 1,378,000 | 1,850,000 |
| Noninterest income | 129,000 | 307,000 | 466,000 | 640,000 |
| Noninterest expense | 425,000 | 835,000 | 1,246,000 | 1,675,000 |
| Provision for loan losses | 39,000 | 68,000 | 75,000 | 75,000 |
| Pretax income | 132,000 | 314,000 | 523,000 | 740,000 |
| Income tax | 45,000 | 107,000 | 178,000 | 252,000 |
| Net income | 87,000 | 207,000 | 345,000 | 488,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,793,000 | 4,865,000 | 5,003,000 | 4,945,000 |
| Total capital | 5,014,000 | 5,099,000 | 5,237,000 | 5,210,000 |
| Risk-weighted assets | 25,876,000 | 25,800,000 | 25,688,000 | 25,564,000 |