Call reports 2011
SECURITY STATE BANK OF HOWARD LAKE — 2011
What SECURITY STATE BANK OF HOWARD LAKE reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 |
|---|---|---|---|
| Total assets | 76,222,000 | 79,902,000 | 79,388,000 |
| Total loans | 49,254,000 | 49,316,000 | 48,516,000 |
| Allowance for loan losses | 1,260,000 | 1,267,000 | 1,200,000 |
| Securities available for sale | 16,288,000 | 16,277,000 | 17,815,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 63,232,000 | 65,867,000 | 65,246,000 |
| Interest-bearing deposits | 49,406,000 | 50,349,000 | 49,562,000 |
| Noninterest-bearing deposits | 13,827,000 | 15,519,000 | 15,684,000 |
| Equity capital | 7,410,000 | 7,891,000 | 8,140,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 |
|---|---|---|---|
| Interest income | 867,000 | 1,738,000 | 2,651,000 |
| Interest expense | 210,000 | 402,000 | 595,000 |
| Net interest income | 657,000 | 1,336,000 | 2,056,000 |
| Noninterest income | 125,000 | 238,000 | 269,000 |
| Noninterest expense | 457,000 | 942,000 | 1,369,000 |
| Provision for loan losses | 266,000 | 266,000 | 266,000 |
| Pretax income | 59,000 | 366,000 | 731,000 |
| Income tax | 0 | 0 | 0 |
| Net income | 59,000 | 366,000 | 731,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 |
|---|---|---|---|
| Tier 1 capital | 7,074,000 | 7,382,000 | 7,600,000 |
| Total capital | 7,747,000 | 8,061,000 | 8,268,000 |
| Risk-weighted assets | 53,227,000 | 53,699,000 | 52,928,000 |