Call reports 2001
SECURITY STATE BANK OF HOWARD LAKE — 2001
What SECURITY STATE BANK OF HOWARD LAKE reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 48,565,000 | 50,162,000 | 47,224,000 | 47,340,000 |
| Total loans | 27,708,000 | 28,392,000 | 29,101,000 | 28,985,000 |
| Allowance for loan losses | 324,000 | 362,000 | 351,000 | 329,000 |
| Securities available for sale | 13,397,000 | 11,632,000 | 11,281,000 | 11,002,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,724,000 | 42,104,000 | 38,602,000 | 37,913,000 |
| Interest-bearing deposits | 33,412,000 | 33,355,000 | 31,385,000 | 32,082,000 |
| Noninterest-bearing deposits | 6,312,000 | 8,749,000 | 7,217,000 | 5,831,000 |
| Equity capital | 3,809,000 | 3,892,000 | 4,059,000 | 4,296,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 847,000 | 1,714,000 | 2,544,000 | 3,315,000 |
| Interest expense | 482,000 | 984,000 | 1,418,000 | 1,790,000 |
| Net interest income | 365,000 | 731,000 | 1,126,000 | 1,525,000 |
| Noninterest income | 110,000 | 252,000 | 301,000 | 691,000 |
| Noninterest expense | 227,000 | 481,000 | 768,000 | 1,011,000 |
| Provision for loan losses | 6,000 | 76,000 | 70,000 | 79,000 |
| Pretax income | 242,000 | 426,000 | 594,000 | 1,131,000 |
| Income tax | 16,000 | 0 | 22,000 | 141,000 |
| Net income | 226,000 | 426,000 | 572,000 | 990,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,574,000 | 3,675,000 | 3,750,000 | 4,088,000 |
| Total capital | 3,898,000 | 4,037,000 | 4,101,000 | 4,417,000 |
| Risk-weighted assets | 34,381,000 | 34,001,000 | 34,364,000 | 33,739,000 |