Call reports 2010
SECURITY STATE BANK OF HOWARD LAKE — 2010
What SECURITY STATE BANK OF HOWARD LAKE 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 | 78,817,000 | 77,388,000 | 80,853,000 | 76,983,000 |
| Total loans | 51,421,000 | 51,377,000 | 50,065,000 | 47,556,000 |
| Allowance for loan losses | 652,000 | 821,000 | 827,000 | 1,031,000 |
| Securities available for sale | 15,572,000 | 15,083,000 | 15,171,000 | 14,158,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,273,000 | 62,100,000 | 65,790,000 | 63,600,000 |
| Interest-bearing deposits | 50,553,000 | 50,213,000 | 51,296,000 | 49,970,000 |
| Noninterest-bearing deposits | 11,721,000 | 11,887,000 | 14,494,000 | 13,630,000 |
| Equity capital | 8,062,000 | 8,155,000 | 8,130,000 | 7,253,000 |
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 | 950,000 | 1,884,000 | 2,795,000 | 3,690,000 |
| Interest expense | 318,000 | 605,000 | 864,000 | 1,098,000 |
| Net interest income | 632,000 | 1,279,000 | 1,931,000 | 2,592,000 |
| Noninterest income | 263,000 | 472,000 | 558,000 | 666,000 |
| Noninterest expense | 442,000 | 974,000 | 1,446,000 | 2,065,000 |
| Provision for loan losses | -633,000 | -433,000 | -371,000 | 416,000 |
| Pretax income | 1,086,000 | 1,210,000 | 1,414,000 | 786,000 |
| Income tax | 2,000 | 2,000 | 4,000 | 4,000 |
| Net income | 1,084,000 | 1,208,000 | 1,410,000 | 782,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,807,000 | 7,809,000 | 7,650,000 | 7,015,000 |
| Total capital | 8,459,000 | 8,489,000 | 8,331,000 | 7,666,000 |
| Risk-weighted assets | 55,146,000 | 54,260,000 | 54,354,000 | 51,678,000 |