Call reports 2011
SECURITY STATE BANK — 2011
What SECURITY STATE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 |
|---|---|---|
| Total assets | 89,365,000 | 90,999,000 |
| Total loans | 46,639,000 | 46,487,000 |
| Allowance for loan losses | 568,000 | 599,000 |
| Securities available for sale | 32,764,000 | 33,133,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 75,058,000 | 76,047,000 |
| Interest-bearing deposits | 66,734,000 | 67,604,000 |
| Noninterest-bearing deposits | 8,324,000 | 8,443,000 |
| Equity capital | 11,613,000 | 12,360,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 |
|---|---|---|
| Interest income | 967,000 | 1,958,000 |
| Interest expense | 289,000 | 565,000 |
| Net interest income | 678,000 | 1,393,000 |
| Noninterest income | 59,000 | 130,000 |
| Noninterest expense | 364,000 | 748,000 |
| Provision for loan losses | 30,000 | 60,000 |
| Pretax income | 343,000 | 715,000 |
| Income tax | 29,000 | 48,000 |
| Net income | 314,000 | 667,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 |
|---|---|---|
| Tier 1 capital | 7,225,000 | 7,577,000 |
| Total capital | 7,793,000 | 8,176,000 |
| Risk-weighted assets | 53,822,000 | 54,356,000 |