Call reports 2003
SECURITY STATE BANK — 2003
What SECURITY STATE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 163,721,000 | 163,368,000 | 161,218,000 | 153,592,000 |
| Total loans | 90,689,000 | 88,430,000 | 88,826,000 | 79,331,000 |
| Allowance for loan losses | 4,900,000 | 3,704,000 | 3,690,000 | 3,586,000 |
| Securities available for sale | 61,158,000 | 60,336,000 | 58,509,000 | 60,065,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 131,439,000 | 127,782,000 | 126,083,000 | 118,054,000 |
| Interest-bearing deposits | 119,741,000 | 115,400,000 | 112,202,000 | 102,099,000 |
| Noninterest-bearing deposits | 11,698,000 | 12,382,000 | 13,881,000 | 15,955,000 |
| Equity capital | 18,740,000 | 19,703,000 | 19,620,000 | 19,945,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 2,065,000 | 4,192,000 | 6,245,000 | 8,431,000 |
| Interest expense | 909,000 | 1,720,000 | 2,473,000 | 3,146,000 |
| Net interest income | 1,156,000 | 2,472,000 | 3,772,000 | 5,285,000 |
| Noninterest income | 457,000 | 587,000 | 963,000 | 1,229,000 |
| Noninterest expense | 871,000 | 1,921,000 | 2,778,000 | 4,201,000 |
| Provision for loan losses | 2,525,000 | 2,525,000 | 2,525,000 | 2,525,000 |
| Pretax income | -1,783,000 | -1,387,000 | -568,000 | -206,000 |
| Income tax | -621,000 | -931,000 | -571,000 | -457,000 |
| Net income | -1,162,000 | -456,000 | 3,000 | 251,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,324,000 | 17,985,000 | 18,443,000 | 18,691,000 |
| Total capital | 18,768,000 | 19,404,000 | 19,865,000 | 19,999,000 |
| Risk-weighted assets | 111,964,000 | 111,105,000 | 111,215,000 | 102,014,000 |