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 | 137,372,000 | 154,240,000 | 170,137,000 | 175,854,000 |
| Total loans | 95,439,000 | 113,931,000 | 126,393,000 | 125,946,000 |
| Allowance for loan losses | 3,089,000 | 3,158,000 | 3,181,000 | 3,245,000 |
| Securities available for sale | 34,528,000 | 31,352,000 | 32,962,000 | 32,152,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 108,716,000 | 127,606,000 | 135,070,000 | 143,265,000 |
| Interest-bearing deposits | 94,223,000 | 114,085,000 | 118,415,000 | 124,935,000 |
| Noninterest-bearing deposits | 14,493,000 | 13,521,000 | 16,654,000 | 18,331,000 |
| Equity capital | 20,797,000 | 20,507,000 | 21,295,000 | 21,669,000 |
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 | 2,265,000 | 4,888,000 | 7,805,000 | 10,712,000 |
| Interest expense | 956,000 | 2,141,000 | 3,446,000 | 4,789,000 |
| Net interest income | 1,309,000 | 2,747,000 | 4,359,000 | 5,923,000 |
| Noninterest income | 186,000 | 378,000 | 664,000 | 844,000 |
| Noninterest expense | 990,000 | 1,983,000 | 3,001,000 | 4,074,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 505,000 | 1,142,000 | 2,022,000 | 2,693,000 |
| Income tax | 119,000 | 311,000 | 560,000 | 733,000 |
| Net income | 386,000 | 831,000 | 1,462,000 | 1,960,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,411,000 | 20,358,000 | 20,989,000 | 21,186,000 |
| Total capital | 21,840,000 | 22,021,000 | 22,842,000 | 23,061,000 |
| Risk-weighted assets | 113,718,000 | 132,836,000 | 150,787,000 | 151,469,000 |