Call reports 2002
SECURITY STATE BANK OF HOWARD LAKE — 2002
What SECURITY STATE BANK OF HOWARD LAKE 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 | 48,888,000 | 50,046,000 | 52,574,000 | 53,515,000 |
| Total loans | 27,892,000 | 29,978,000 | 30,845,000 | 31,223,000 |
| Allowance for loan losses | 322,000 | 338,000 | 359,000 | 358,000 |
| Securities available for sale | 11,800,000 | 12,959,000 | 14,144,000 | 13,647,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,633,000 | 39,989,000 | 42,729,000 | 43,690,000 |
| Interest-bearing deposits | 33,533,000 | 33,159,000 | 34,861,000 | 35,767,000 |
| Noninterest-bearing deposits | 6,100,000 | 6,830,000 | 7,868,000 | 7,923,000 |
| Equity capital | 4,176,000 | 4,914,000 | 5,233,000 | 5,254,000 |
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 | 747,000 | 1,502,000 | 2,279,000 | 3,048,000 |
| Interest expense | 353,000 | 693,000 | 1,020,000 | 1,326,000 |
| Net interest income | 394,000 | 809,000 | 1,259,000 | 1,722,000 |
| Noninterest income | 84,000 | 216,000 | 308,000 | 420,000 |
| Noninterest expense | 221,000 | 481,000 | 749,000 | 1,057,000 |
| Provision for loan losses | 0 | 30,000 | 65,000 | 80,000 |
| Pretax income | 257,000 | 514,000 | 749,000 | 1,002,000 |
| Income tax | 0 | -18,000 | -18,000 | -18,000 |
| Net income | 257,000 | 532,000 | 767,000 | 1,020,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,795,000 | 4,354,000 | 4,473,000 | 4,611,000 |
| Total capital | 4,117,000 | 4,692,000 | 4,832,000 | 4,969,000 |
| Risk-weighted assets | 33,443,000 | 35,346,000 | 36,311,000 | 37,327,000 |