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 | 73,641,000 | 68,679,000 | 70,504,000 | 75,419,000 |
| Total loans | 32,813,000 | 33,133,000 | 33,394,000 | 32,879,000 |
| Allowance for loan losses | 380,000 | 387,000 | 393,000 | 386,000 |
| Securities available for sale | 30,668,000 | 28,855,000 | 28,049,000 | 33,553,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,009,000 | 52,789,000 | 54,430,000 | 60,439,000 |
| Interest-bearing deposits | 49,568,000 | 43,548,000 | 45,290,000 | 50,497,000 |
| Noninterest-bearing deposits | 8,441,000 | 9,241,000 | 9,140,000 | 9,942,000 |
| Equity capital | 6,916,000 | 7,144,000 | 7,331,000 | 6,286,000 |
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 | 770,000 | 1,577,000 | 2,366,000 | 3,156,000 |
| Interest expense | 224,000 | 432,000 | 630,000 | 835,000 |
| Net interest income | 546,000 | 1,145,000 | 1,736,000 | 2,321,000 |
| Noninterest income | 44,000 | 123,000 | 185,000 | 225,000 |
| Noninterest expense | 354,000 | 741,000 | 1,113,000 | 1,524,000 |
| Provision for loan losses | 8,000 | 15,000 | 23,000 | 30,000 |
| Pretax income | 228,000 | 512,000 | 785,000 | 992,000 |
| Income tax | 12,000 | 27,000 | 42,000 | 53,000 |
| Net income | 216,000 | 485,000 | 743,000 | 939,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,673,000 | 6,791,000 | 6,875,000 | 6,870,000 |
| Total capital | 7,053,000 | 7,178,000 | 7,268,000 | 7,256,000 |
| Risk-weighted assets | 42,710,000 | 41,420,000 | 42,235,000 | 43,345,000 |