Call reports 2006
SECURITY STATE BANK OF HOWARD LAKE — 2006
What SECURITY STATE BANK OF HOWARD LAKE reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 85,214,000 | 89,421,000 | 90,315,000 | 91,318,000 |
| Total loans | 63,483,000 | 66,446,000 | 66,802,000 | 66,217,000 |
| Allowance for loan losses | 690,000 | 723,000 | 751,000 | 818,000 |
| Securities available for sale | 14,203,000 | 13,675,000 | 14,449,000 | 14,281,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,108,000 | 77,906,000 | 77,898,000 | 78,662,000 |
| Interest-bearing deposits | 62,499,000 | 66,585,000 | 67,084,000 | 68,393,000 |
| Noninterest-bearing deposits | 10,609,000 | 11,321,000 | 10,814,000 | 10,269,000 |
| Equity capital | 6,999,000 | 7,145,000 | 7,784,000 | 7,974,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 1,427,000 | 3,019,000 | 4,685,000 | 6,314,000 |
| Interest expense | 540,000 | 1,154,000 | 1,820,000 | 2,501,000 |
| Net interest income | 887,000 | 1,865,000 | 2,865,000 | 3,813,000 |
| Noninterest income | 118,000 | 215,000 | 348,000 | 468,000 |
| Noninterest expense | 409,000 | 899,000 | 1,356,000 | 1,883,000 |
| Provision for loan losses | 60,000 | 94,000 | 117,000 | 186,000 |
| Pretax income | 537,000 | 1,088,000 | 1,741,000 | 2,213,000 |
| Income tax | 0 | 0 | 0 | 1,000 |
| Net income | 537,000 | 1,088,000 | 1,741,000 | 2,212,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,973,000 | 7,280,000 | 7,683,000 | 7,857,000 |
| Total capital | 7,663,000 | 8,003,000 | 8,434,000 | 8,675,000 |
| Risk-weighted assets | 70,456,000 | 73,059,000 | 74,793,000 | 73,315,000 |