Call reports 2010
SECURITY STATE BANK — 2010
What SECURITY STATE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 86,885,000 | 87,548,000 | 90,106,000 | 89,855,000 |
| Total loans | 46,462,000 | 46,877,000 | 49,171,000 | 45,581,000 |
| Allowance for loan losses | 585,000 | 656,000 | 660,000 | 556,000 |
| Securities available for sale | 31,606,000 | 31,019,000 | 31,207,000 | 31,178,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,748,000 | 72,132,000 | 70,679,000 | 75,247,000 |
| Interest-bearing deposits | 63,158,000 | 64,750,000 | 63,569,000 | 66,867,000 |
| Noninterest-bearing deposits | 7,590,000 | 7,382,000 | 7,110,000 | 8,380,000 |
| Equity capital | 12,193,000 | 12,238,000 | 12,546,000 | 11,430,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 965,000 | 1,938,000 | 2,964,000 | 3,988,000 |
| Interest expense | 315,000 | 626,000 | 933,000 | 1,237,000 |
| Net interest income | 650,000 | 1,312,000 | 2,031,000 | 2,751,000 |
| Noninterest income | 56,000 | 104,000 | 161,000 | 250,000 |
| Noninterest expense | 353,000 | 705,000 | 1,084,000 | 1,442,000 |
| Provision for loan losses | 18,000 | 101,000 | 119,000 | 197,000 |
| Pretax income | 335,000 | 610,000 | 989,000 | 1,362,000 |
| Income tax | 17,000 | 31,000 | 50,000 | 68,000 |
| Net income | 318,000 | 579,000 | 939,000 | 1,294,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,685,000 | 7,596,000 | 7,606,000 | 7,262,000 |
| Total capital | 8,270,000 | 8,252,000 | 8,266,000 | 7,818,000 |
| Risk-weighted assets | 54,148,000 | 53,680,000 | 56,258,000 | 53,410,000 |