Call reports 2002
SECURITY STATE BANK — 2002
What SECURITY STATE BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 53,478,000 | 53,172,000 | 55,527,000 | 58,019,000 |
| Total loans | 28,479,000 | 27,605,000 | 28,074,000 | 27,330,000 |
| Allowance for loan losses | 438,000 | 443,000 | 458,000 | 470,000 |
| Securities available for sale | 21,842,000 | 22,534,000 | 23,912,000 | 26,915,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,459,000 | 39,971,000 | 42,881,000 | 45,100,000 |
| Interest-bearing deposits | 35,977,000 | 34,722,000 | 38,252,000 | 39,565,000 |
| Noninterest-bearing deposits | 5,482,000 | 5,249,000 | 4,629,000 | 5,535,000 |
| Equity capital | 4,701,000 | 4,961,000 | 5,149,000 | 5,192,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 839,000 | 1,702,000 | 2,540,000 | 3,374,000 |
| Interest expense | 352,000 | 687,000 | 997,000 | 1,310,000 |
| Net interest income | 487,000 | 1,015,000 | 1,543,000 | 2,064,000 |
| Noninterest income | 55,000 | 97,000 | 154,000 | 202,000 |
| Noninterest expense | 223,000 | 425,000 | 650,000 | 951,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 55,000 |
| Pretax income | 304,000 | 657,000 | 1,002,000 | 1,260,000 |
| Income tax | 67,000 | 157,000 | 244,000 | 292,000 |
| Net income | 237,000 | 500,000 | 758,000 | 968,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,530,000 | 4,631,000 | 4,713,000 | 4,748,000 |
| Total capital | 4,944,000 | 5,041,000 | 5,141,000 | 5,174,000 |
| Risk-weighted assets | 33,132,000 | 32,744,000 | 34,230,000 | 34,014,000 |