Call reports 2013
SECURITY FEDERAL BANK — 2013
What SECURITY FEDERAL BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 56,231,000 | 56,260,000 | 55,633,000 | 56,186,000 |
| Total loans | 38,893,000 | 38,237,000 | 38,256,000 | 37,823,000 |
| Allowance for loan losses | 633,000 | 710,000 | 710,000 | 537,000 |
| Securities available for sale | 1,755,000 | 1,642,000 | 1,410,000 | 5,696,000 |
| Securities held to maturity | 2,291,000 | 2,222,000 | 2,233,000 | 2,160,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,138,000 | 42,967,000 | 41,962,000 | 42,800,000 |
| Interest-bearing deposits | 40,506,000 | 40,510,000 | 39,263,000 | 40,219,000 |
| Noninterest-bearing deposits | 2,632,000 | 2,457,000 | 2,699,000 | 2,581,000 |
| Equity capital | 12,310,000 | 12,476,000 | 12,403,000 | 12,570,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 680,000 | 1,346,000 | 1,983,000 | 2,633,000 |
| Interest expense | 85,000 | 167,000 | 249,000 | 329,000 |
| Net interest income | 595,000 | 1,179,000 | 1,734,000 | 2,304,000 |
| Noninterest income | 49,000 | 98,000 | 124,000 | 181,000 |
| Noninterest expense | 420,000 | 813,000 | 1,269,000 | 1,666,000 |
| Provision for loan losses | 50,000 | 20,000 | 20,000 | -166,000 |
| Pretax income | 174,000 | 444,000 | 569,000 | 985,000 |
| Income tax | 54,000 | 149,000 | 191,000 | 338,000 |
| Net income | 120,000 | 295,000 | 378,000 | 647,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,312,000 | 12,487,000 | 12,436,000 | 12,628,000 |
| Total capital | 12,652,000 | 12,820,000 | 12,804,000 | 12,993,000 |
| Risk-weighted assets | 26,909,000 | 26,229,000 | 29,111,000 | 29,034,000 |