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 | 63,225,000 | 64,363,000 | 63,489,000 | 65,111,000 |
| Total loans | 31,187,000 | 31,076,000 | 31,185,000 | 31,097,000 |
| Allowance for loan losses | 360,000 | 367,000 | 376,000 | 367,000 |
| Securities available for sale | 27,280,000 | 27,555,000 | 27,720,000 | 27,940,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,527,000 | 50,043,000 | 49,019,000 | 51,350,000 |
| Interest-bearing deposits | 44,701,000 | 45,170,000 | 44,374,000 | 46,291,000 |
| Noninterest-bearing deposits | 4,826,000 | 4,874,000 | 4,645,000 | 5,059,000 |
| Equity capital | 9,256,000 | 9,524,000 | 9,391,000 | 9,222,000 |
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 | 833,000 | 1,649,000 | 2,452,000 | 3,247,000 |
| Interest expense | 371,000 | 728,000 | 1,051,000 | 1,363,000 |
| Net interest income | 462,000 | 921,000 | 1,401,000 | 1,884,000 |
| Noninterest income | 47,000 | 94,000 | 138,000 | 230,000 |
| Noninterest expense | 248,000 | 491,000 | 749,000 | 1,150,000 |
| Provision for loan losses | 9,000 | 18,000 | 27,000 | 36,000 |
| Pretax income | 284,000 | 538,000 | 795,000 | 960,000 |
| Income tax | 14,000 | 27,000 | 40,000 | 49,000 |
| Net income | 270,000 | 511,000 | 755,000 | 911,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,596,000 | 8,757,000 | 8,920,000 | 8,828,000 |
| Total capital | 8,956,000 | 9,124,000 | 9,296,000 | 9,195,000 |
| Risk-weighted assets | 36,199,000 | 36,518,000 | 36,723,000 | 37,358,000 |