Call reports 2012
SECURITY FEDERAL BANK — 2012
What SECURITY FEDERAL BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 58,346,000 | 57,981,000 | 58,742,000 | 55,940,000 |
| Total loans | 43,067,000 | 42,258,000 | 40,992,000 | 39,755,000 |
| Allowance for loan losses | 606,000 | 606,000 | 583,000 | 583,000 |
| Securities available for sale | 640,000 | 619,000 | 1,218,000 | 1,839,000 |
| Securities held to maturity | 2,124,000 | 2,058,000 | 2,069,000 | 2,281,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,591,000 | 44,217,000 | 44,993,000 | 43,004,000 |
| Interest-bearing deposits | 41,970,000 | 41,114,000 | 41,510,000 | 40,734,000 |
| Noninterest-bearing deposits | 2,621,000 | 3,103,000 | 3,483,000 | 2,270,000 |
| Equity capital | 11,711,000 | 11,903,000 | 12,086,000 | 12,246,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 794,000 | 1,540,000 | 2,258,000 | 2,987,000 |
| Interest expense | 120,000 | 230,000 | 334,000 | 432,000 |
| Net interest income | 674,000 | 1,310,000 | 1,924,000 | 2,555,000 |
| Noninterest income | 48,000 | 102,000 | 178,000 | 232,000 |
| Noninterest expense | 473,000 | 811,000 | 1,219,000 | 1,661,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 249,000 | 601,000 | 883,000 | 1,126,000 |
| Income tax | 94,000 | 212,000 | 311,000 | 396,000 |
| Net income | 155,000 | 389,000 | 572,000 | 730,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,711,000 | 11,902,000 | 12,085,000 | 12,244,000 |
| Total capital | 12,077,000 | 12,260,000 | 12,384,000 | 12,588,000 |
| Risk-weighted assets | 31,158,000 | 28,932,000 | 28,428,000 | 27,330,000 |