Call reports 2007
SECURITY STATE BANK OF HOWARD LAKE — 2007
What SECURITY STATE BANK OF HOWARD LAKE reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 91,919,000 | 91,357,000 | 87,472,000 | 85,058,000 |
| Total loans | 69,123,000 | 66,920,000 | 63,010,000 | 60,746,000 |
| Allowance for loan losses | 914,000 | 914,000 | 913,000 | 952,000 |
| Securities available for sale | 14,301,000 | 13,923,000 | 13,480,000 | 13,120,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,762,000 | 78,230,000 | 74,334,000 | 71,966,000 |
| Interest-bearing deposits | 67,820,000 | 67,642,000 | 63,543,000 | 61,245,000 |
| Noninterest-bearing deposits | 9,942,000 | 10,587,000 | 10,792,000 | 10,721,000 |
| Equity capital | 7,549,000 | 7,640,000 | 7,884,000 | 7,817,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,627,000 | 3,275,000 | 4,790,000 | 6,140,000 |
| Interest expense | 739,000 | 1,512,000 | 2,252,000 | 2,955,000 |
| Net interest income | 888,000 | 1,763,000 | 2,538,000 | 3,185,000 |
| Noninterest income | 124,000 | 236,000 | 356,000 | 525,000 |
| Noninterest expense | 447,000 | 946,000 | 1,403,000 | 1,874,000 |
| Provision for loan losses | 94,000 | 94,000 | 216,000 | 542,000 |
| Pretax income | 471,000 | 959,000 | 1,275,000 | 1,294,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 471,000 | 959,000 | 1,275,000 | 1,294,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,396,000 | 7,669,000 | 7,766,000 | 7,640,000 |
| Total capital | 8,310,000 | 8,583,000 | 8,667,000 | 8,517,000 |
| Risk-weighted assets | 73,445,000 | 74,313,000 | 72,092,000 | 70,102,000 |